Page last modified 2008-11-11
Advanced Economic Theory---Micro (Economics 326)
Results of experiment on Ultimatum Game, 2005-11-14
Procedure: Form handed out to half of class members, each of whom indicated how much she would offer, out of $5, to a responder. Forms collected and distributed to the other half of the class, each of whom indicated whether she would accept or reject the offer on her form.
Number of pairs: 14.
Amounts offered to responder: x = offer; * = rejected offer.
0 |
x |
0.25 |
* |
1.00 |
xx** |
1.50 |
x |
2.00 |
x |
2.50 |
xxxxxx |
Number of offers rejected: 3 (21%)
Average amount kept by proposer: $3.38 (68%)
Of accepted offers, average amount proposed to be kept by proposer: $3.14 (63%)