Raising the Stakes in the Ultimatum Game: Experimental Evidence From Indonesia

Author
Keywords
Abstract

Implementing the ultimatum game experimentally in Indonesia makes it possible to raise the stakes to three times the
monthly expenditure of the average participant. Contrary to predictions in the literature, the results show no evidence
of approaching the sub-game perfect, selfish outcomes. Responders seem to be just as willing to reject a given percentage
offer at high stakes as at low stakes, and Proposers make slightly less selfish offers as the stakes increase.

Year of Publication
1995
Number
345
Date Published
07/1995
Publication Language
eng
Citation Key
Economic Inquiry, Vol. 37, No. 1, January 1999
URL
Working Papers