Bargaining Outside the Lab a Newspaper Experiment of a Three-Person Ultimatum Game

21 Pages Posted: 11 Apr 2007

See all articles by Werner Guth

Werner Guth

Max Planck Institute of Economics; CESifo (Center for Economic Studies and Ifo Institute)

Carsten Schmidt

University of Mannheim - Sonderforschungsbereich 504

Matthias Sutter

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods; University of Cologne - Department of Economics

Date Written: 0000

Abstract

5,132 readers of the German weekly, Die Zeit, participated in a three-person bargaining experiment. In our data analysis we focus on (1) the influence of age, gender, profession and medium chosen for participation and (2) the external validity of student behaviour (inside and outside the lab). We find that older participants and women care more about equal distributions and that Internet users are more self-regarding than those using mail or fax. Decisions made by students in the lab are rather similar to those made by participants in the newspaper experiment, indicating a high degree of external validity of student data.

Suggested Citation

Güth, Werner and Schmidt, Carsten and Sutter, Matthias, Bargaining Outside the Lab a Newspaper Experiment of a Three-Person Ultimatum Game (0000). The Economic Journal, Vol. 117, Issue 518, pp. 449-469, March 2007. Available at SSRN: https://ssrn.com/abstract=978575 or http://dx.doi.org/10.1111/j.1468-0297.2007.02025.x

Werner Güth (Contact Author)

Max Planck Institute of Economics ( email )

Kahlaische Strasse 10
D-07745 Jena, 07745
Germany

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

Carsten Schmidt

University of Mannheim - Sonderforschungsbereich 504 ( email )

Mannheim 68131
Germany

HOME PAGE: http://www.sfb504.uni-mannheim.de/~cschmidt

Matthias Sutter

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods ( email )

Kurt-Schumacher-Str. 10
D-53113 Bonn, 53113
Germany

University of Cologne - Department of Economics

Cologne, 50923
Germany

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