Why do lab experiments show a different outcome for the Ultimatum game compared to the outcome predicted

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Why do lab experiments show a different outcome for the Ultimatum game compared to the outcome predicted by game theory?

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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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Question Posted: Dec 15, 2015 08:06 AM

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Why do lab experiments show a different outcome for the Ultimatum game compared to the outcome predicted

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In the Ultimatum Game a Proposer is given an amount of money to split between himself and a Responde...View the full answer

Microeconomics

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