Page last modified 2008-11-11

Advanced Economic Theory---Micro (Economics 326)

Results of experiment on Ultimatum Game, 2006-3-13

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: 15.

Amounts offered to responder: x = offer; * = rejected offer.

0.01 ***
0.50 **
1.00 **
1.75 x
2.00 xx
2.50 xxxxx

Number of offers rejected: 7 (47%)

Average amount kept by proposer: $3.58 (72%)

Of accepted offers, average amount proposed to be kept by proposer: $2.72 (54%)