Citation:
Yaniv, Gary Bornstein, and Ilan. “Individual And Group Behavior In The Ultimatum Game: Are Groups More 'Rational' Players?”. Discussion Papers 1997. Web.
Abstract:
This paper reports two ultimatum game experiments comparing the behavior of individuals with that of three-person groups. Group members conducted a short face-to-face discussion in order to decide, as a collective, on a proposed division or on whether to accept or reject a proposal. Both experiments found that groups offered significantly less than individuals. But, as indicated by the low rejection rate in both treatments, groups were also willing to accept less.