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%)