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Type | Journal Article |
Scope | Discipline-based scholarship |
Title | Participation costs for responders can reduce rejection rates in ultimatum bargaining |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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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 |
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