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Type | Working Paper |
Scope | Discipline-based scholarship |
Title | Participation costs for responders can reduce rejection rates in ultimatum bargaining |
Organization Unit | |
Authors |
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Language |
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Institution | University of Zurich |
Series Name | Working paper series / Institute for Empirical Research in Economics |
Number | No. 398 |
ISSN | 1424-0459 |
Date | 2008 |
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. |
Official URL | http://www.econ.uzh.ch/wp.html |
PDF File | Download from ZORA |
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