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Adaptive Learning versus Punishment in Ultimatum Bargaining

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Author Info
Abbink, Klaus
Gary Bolton
Abdolkarim Sadrieh
Fang-Fang Tang

Additional information is available for the following registered author(s):

Abstract

Adaptive learning and punishment are highly prominent competing explanations for ultimatum game behavior. We report on an experiment that considers each theory in stand-alone form, so that one does not rely on the other in any substantial way. Our data exhibits patterns for which punishment can account but learning by itself cannot. Initial play varies substantially- and systematically-across variations on the ultimatum game, and this leads to differences in later play as well. Hence a complete theory of ultimatum game behavior will have to predict initial conditions as well as describe the influence of repeated play.

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Publisher Info
Paper provided by University of Bonn, Germany in its series Discussion Paper Serie B with number 381.

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Length: pages
Date of creation: 1996
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Handle: RePEc:bon:bonsfb:381

Contact details of provider:
Postal: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany
Fax: +49 228 73 9221
Web page: http://www.bgse.uni-bonn.de/index.php?id=517

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Related research
Keywords: Ultimatum Bargaining; Learning; Fairness; Reciprocity;

Other versions of this item:

Find related papers by JEL classification:
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

Cited by:
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  1. Urs Steiner Brandt, 2008. "What can facilitate cooperation: Fairness, ineaulity aversion, punishment, norms or trust?," Working Papers 80/08, University of Southern Denmark, Department of Environmental and Business Economics. [Downloadable!]
  2. James Andreoni & Emily Blanchard, 2006. "Testing subgame perfection apart from fairness in ultimatum games," Experimental Economics, Springer, vol. 9(4), pages 307-321, December. [Downloadable!] (restricted)
  3. Pamela Schmitt, 2004. "On Perceptions of Fairness: The Role of Valuations, Outside Options, and Information in Ultimatum Bargaining Games," Experimental Economics, Springer, vol. 7(1), pages 49-73, February. [Downloadable!] (restricted)
  4. repec:att:wimass:1920215 is not listed on IDEAS
  5. Hessel Oosterbeek & Randolph Sloof & Gijs van de Kuilen, 2004. "Cultural differences in ultimatum game experiments: Evidence from a meta-analysis," Experimental 0401003, EconWPA. [Downloadable!]
    Other versions:
  6. Uzi Segal & Joel Sobel, 1999. "Tit for Tat: Foundations of Preferences for Reciprocity in Strategic Settings," University of California at San Diego, Economics Working Paper Series 99-10, Department of Economics, UC San Diego. [Downloadable!]
    Other versions:
  7. Olivier Armantier, 2006. "Do Wealth Differences Affect Fairness Considerations?," CIRANO Working Papers 2006s-13, CIRANO. [Downloadable!]
    Other versions:
  8. Abbink, K. & Sadrieh, A. & Zamir, S., 2002. "Fairness, public good, and emotional aspects of punishment behavior," Discussion Paper 38, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  9. Giorgio Coricelli, 2002. "Sequence Matters: an Experimental Study of the Effects of Experiencing Positive and Negative Reciprocity," Department of Economics University of Siena 369, Department of Economics, University of Siena. [Downloadable!]
  10. Olivier Armantier, 2001. "Does Wealth Affect Fairness Considerations?," Department of Economics Working Papers 01-05, Stony Brook University, Department of Economics. [Downloadable!]
  11. Gary E. Bolton & Jordi Brandts & Axel Ockenfels, 2000. "Fair Procedures. Evidence from Games Involving Lotteries," UFAE and IAE Working Papers 483.01, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
    Other versions:
  12. Roger A. McCain, 2003. "Specifying Agents: Probabilistic Equilibrium with Reciprocity," Computing in Economics and Finance 2003 9, Society for Computational Economics. [Downloadable!]
  13. Gary E Bolton & Axel Ockenfels, 1997. "A Theory of Equity, Reciprocity, and Competition," Levine's Working Paper Archive 1889, David K. Levine. [Downloadable!]
  14. W. Güth & R. Ivanova-Stenzel & M. Königstein & M. Strobel, . "Learning to Bid-An Experimental Study of Bid Function Adjustments in Auctions and Fair Division Games," Sonderforschungsbereich 373 1999-70, Humboldt Universitaet Berlin.
    Other versions:
  15. Shmuel Zamir, 2001. "Rationality and Emotions in Ultimatum Bargaining," Annales d'Economie et de Statistique, ADRES, issue 61, pages 02, Janvier-M. [Downloadable!]
  16. repec:att:wimass:19199934 is not listed on IDEAS
  17. Gary Bolton, 1998. "Bargaining and Dilemma Games: From Laboratory Data Towards Theoretical Synthesis," Experimental Economics, Springer, vol. 1(3), pages 257-281, December. [Downloadable!] (restricted)
  18. Brit Grosskopf, 2003. "Reinforcement and Directional Learning in the Ultimatum Game with Responder Competition," Experimental Economics, Springer, vol. 6(2), pages 141-158, October. [Downloadable!] (restricted)
  19. Gary E. Bolton & Axel Ockenfels, 2002. "A stress test of fairness measures in models of social utility," Papers on Strategic Interaction 2002-29, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
    Other versions:
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