Table 1: Adaptive behavior for respondents (a) (pie size = HK$136). (b) (pie size = HK$217).
(a)

ConditionAcceptance rate
First session ( )Second session ( )

95%91%
69%72%

(b)

ConditionAcceptance rate
First session ( )Second session ( )

94%94%
74%59%

stands for the proposed offer in period .
stands for the mean offer in the previous period.