Overview: This program runs a two-person, bargaining game. In the
Dictator version, one person simply decides unilaterally how to split a fixed
amount of money. In the Ultimatum treatment, the proposer makes an offer of
how to split the money, which the responder either accepts or
rejects. An acceptance implements the proposed split, and a rejection results in zero earnings for both.
There is also a Two-Stage Alternating-Offer treatment, in which the
responder can either accept the initial proposal or reject and make a counter offer
which can then be accepted (and implemented) or rejected by the initial proposer.
Bargaining games provide facsinating perspectives on the the interplay between
fairness and strategy.
| || || || || ||There are two alternative setup options with
randomly determined disagreement outcomes: a Political Conflict Game
and a Legal Disupte Game. In each case, the agressor (plaintiff) makes an
initial demand, and the responder (defendant) may counter. A rejected
settlement offer leads to a conflict with randomly determined outcomes.|
Vecon Lab - January 20, 2017