1Henrietta Johnson Louis Professor of Economics, Johnson School of Management, Cornell University, Ithaca, New York.
2Unlisted
Tóm tắt
This paper discusses simple ultimatum games, two-stage bargaining ultimatum games, and multistage ultimatum games. Finally, I discuss ultimatums in the market. Any time a monopolist (or monopsonist) sets a price (or wage), it has the quality of an ultimatum.
Từ khóa
Tài liệu tham khảo
Binmore Ken, 1985, American Economic Review, 75, 1178
10.1016/0167-2681(82)90011-7
Güth Werner, 1987, J. W. Goethe-Universität, unpublished
10.1086/467008
10.1086/467773
Kahneman Daniel, 1986, American Economic Review, 76, 728
