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 roundOffer was rejected in the previous round
Current offerPercentageCurrent offerPercentage
First sessionSecond sessionFirst sessionSecond session

22%21% 72%60%
53%57% 25%32%
24%22% 3%8%

(b)

Offer was accepted in the previous roundOffer was rejected in the previous round
Current offerPercentageCurrent offerPercentage
First sessionSecond sessionFirst sessionSecond session

31%25% 86%68%
44%46% 8%9%
25%29% 6%23%

stands for the proposed offer in period .