Research Article
Information in Repeated Ultimatum Game with Unknown Pie Size
Table 2
Adaptive behavior for proposers (a) (pie size = HK$136). (b) (pie size = HK$217).
(a) |
| Offer was accepted in the previous round | Offer was rejected in the previous round | Current offer | Percentage | Current offer | Percentage | | First session | Second session | | First session | Second session |
| | 22% | 21% | | 72% | 60% | | 53% | 57% | | 25% | 32% | | 24% | 22% | | 3% | 8% |
|
|
(b) |
| Offer was accepted in the previous round | Offer was rejected in the previous round | Current offer | Percentage | Current offer | Percentage | | First session | Second session | | First session | Second session |
| | 31% | 25% | | 86% | 68% | | 44% | 46% | | 8% | 9% | | 25% | 29% | | 6% | 23% |
|
|
stands for the proposed offer in period .
|