- A-Z
- Jena Economic Resea...
- Volume 8
- A hybrid game with ...
A hybrid game with conditional and unconditional
veto power
- Abgebildete Person
- Erschienen
- 13. Mai 2014
- Nummer des Discussion-Papers
-
2014-015
- Schlagwort(e)
-
Ultimatum
Yes/No game
- Zusammenfsg.
-
In the hybrid game, one proposer confronts two responders with veto power: one responder can condition his decisions on his own offer but the other cannot. We vary what the informed responder knows about the offers as well as the uninformed responder’s conflict payoff. Neither variation affects behavior: proposers always favor informed responders, who frequently accept minimal offers.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- C72 - Noncooperative Games ; C92 - Laboratory, Group Behavior