Not logged in.

Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Participation costs for responders can reduce rejection rates in ultimatum bargaining
Organization Unit
Authors
  • P C Wichardt
  • D Schunk
  • P W Schmitz
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title Economics Letters
Publisher Elsevier
Geographical Reach international
ISSN 0165-1765
Volume 103
Number 1
Page Range 33 - 35
Date 2009
Abstract Text This paper reports data from an ultimatum mini-game in which responders first had to choose whether or not to participate. Participation was costly, but the participation cost was smaller than the minimum payoff that a responder could guarantee himself in the ultimatum game. Compared to a standard treatment, we find that the rejection rate of unfavorable offers is significantly reduced when participation is costly. A possible explanation based on cognitive dissonance is offered.
Digital Object Identifier 10.1016/j.econlet.2009.01.011
PDF File Download from ZORA
Export BibTeX
EP3 XML (ZORA)