Inequity aversion and advantage seeking with asymmetric competition

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2013
Volume: 86
Issue: C
Pages: 121-136

Score contribution per author:

2.018 = (α=2.02 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this experiment I study a novel three-player ultimatum game in which two proposers with unequal amounts of money simultaneously submit offers to one responder, who may accept at most one offer. I compare the predictions of inequity aversion, advantage seeking, and self-interest. Unlike previously studied cases of symmetric proposer competition, the predictions of these models do not coincide in the asymmetric case. The experimental results show that responders sometimes accept the smaller offer, and the degree of asymmetry between proposers affects responder behavior. The results further suggest heterogeneity among responders, with advantage-seeking preferences occurring most frequently.

Technical Details

RePEc Handle
repec:eee:jeborg:v:86:y:2013:i:c:p:121-136
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25