Arbeitspapier
How ultimatum offers emerge: A study in bounded rationality
The general framework of decision emergence (Güth, 2000a) is applied to the specific decision task of a proposer in ultimatum bargaining, i.e. to choosing how much the responder should be offered. For this purpose the Master Module as well as its submodules New Problem Solver, Adaptation Procedure, and Learning have to be specified for the task at hand. This illustrates the applicability of the general framework of boundedly rational decision emergence.
- Language
-
Englisch
- Bibliographic citation
-
Series: SFB 373 Discussion Paper ; No. 2000,29
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Güth, Werner
- Event
-
Veröffentlichung
- (who)
-
Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes
- (where)
-
Berlin
- (when)
-
2000
- Handle
- URN
-
urn:nbn:de:kobv:11-10047358)
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Güth, Werner
- Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes
Time of origin
- 2000
Other Objects (12)
Perfect or Bounded Rationality? : Some Facts, Speculations and Proposals
A non-Bayesian approach to (un)bounded rationality
From full to bounded rationality: The limits of unlimited rationality
How to cope with (new) uncertainties: A bounded rationality approach
(Un)bounded rationality in decision making and game theory: Back to square one?
Path Dependence Without Denying Deliberation : An Exercise Model Connecting Rationality and Evolution
More than Thirty Years of Ultimatum Bargaining Experiments: Motives, Variations, and a Survey of the Recent Literature
More than thirty years of ultimatum bargaining experiments: Motives, variations, and a survey of the recent literature
Being of two minds: an ultimatum experiment investigating affective processes
The relevance of equal splits: On a behavioral discontinuity in ultimatum games
Prior-free optimality and satisficing: a common framework and its experimental implementation
Preisregeln für Auktionen und Ausschreibungen
Perfect or Bounded Rationality? : Some Facts, Speculations and Proposals
A non-Bayesian approach to (un)bounded rationality
From full to bounded rationality: The limits of unlimited rationality
How to cope with (new) uncertainties: A bounded rationality approach
(Un)bounded rationality in decision making and game theory: Back to square one?
Path Dependence Without Denying Deliberation : An Exercise Model Connecting Rationality and Evolution
More than Thirty Years of Ultimatum Bargaining Experiments: Motives, Variations, and a Survey of the Recent Literature
More than thirty years of ultimatum bargaining experiments: Motives, variations, and a survey of the recent literature
Being of two minds: an ultimatum experiment investigating affective processes
The relevance of equal splits: On a behavioral discontinuity in ultimatum games
Prior-free optimality and satisficing: a common framework and its experimental implementation
Preisregeln für Auktionen und Ausschreibungen
Perfect or Bounded Rationality? : Some Facts, Speculations and Proposals
A non-Bayesian approach to (un)bounded rationality
From full to bounded rationality: The limits of unlimited rationality
How to cope with (new) uncertainties: A bounded rationality approach
(Un)bounded rationality in decision making and game theory: Back to square one?
Path Dependence Without Denying Deliberation : An Exercise Model Connecting Rationality and Evolution
More than Thirty Years of Ultimatum Bargaining Experiments: Motives, Variations, and a Survey of the Recent Literature
More than thirty years of ultimatum bargaining experiments: Motives, variations, and a survey of the recent literature
Being of two minds: an ultimatum experiment investigating affective processes
The relevance of equal splits: On a behavioral discontinuity in ultimatum games
Prior-free optimality and satisficing: a common framework and its experimental implementation