Let me sleep on it: Delay reduces rejection rates in ultimatum games |
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| Authors: | Veronika Grimm Friederike Mengel |
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| Institution: | a University of Erlangen, Nuremberg, Department of Economics, Lange Gasse 20, D-90403 Nürnberg, Germanyb Department of Economics (AE1), Maastricht University, PO Box 616, 6200 MD Maastricht, The Netherlands |
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| Abstract: | Delaying acceptance decisions in the Ultimatum Game drastically increases acceptance of low offers. While in treatments without delay less than 20% of low offers are accepted, 60-80% are accepted as we delay the acceptance decision by around 10 min. |
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| Keywords: | C73 C90 |
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