• DOI:10.1007/BF01243649
Corpus ID: 120136865

Experimental results on ultimatum games with incomplete information

@article{Mitzkewitz1993ExperimentalRO,
  title={Experimental results on ultimatum games with incomplete information},
  author={M. Mitzkewitz and R. Nagel},
  journal={International Journal of Game Theory},
  year={1993},
  volume={22},
  pages={171-198}
}

• M. Mitzkewitz, R. Nagel
• Published 1993
• Economics
• International Journal of Game Theory

This paper is about experiments on two versions of ultimatum games with incomplete information, called the offer game and the demand game. We apply the strategy method, that is, each subject had to design a complete strategy in advance instead of reacting spontaneously to a situation which occurs in the game. Game theory predicts very similar outcomes for the offer and the demand games. Our experiments, however, show significant differences in behavior between both games. Using the strategy… Expand

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