EconPapers    
Economics at your fingertips  
 

Analyzing Ultimatum Bargaining: A Bayesian Approach to the Comparison of Two Potency Curves under Shape Constraints

Duncan K H Fong and Gary Bolton ()

Journal of Business & Economic Statistics, 1997, vol. 15, issue 3, 335-44

Abstract: An experiment designed to test whether experimenter observation influences play of the ultimatum game led to a comparison of proportions of perfect equilibria obtained under different conditions. The authors' analysis features a Bayesian approach to this comparison. Their method extends recent work in the nonparametric Bayesian analysis of bioassay problems when the prior constrains the form of the potency curve. Sampling-based approaches to calculating posterior features of interest are used and discussed. The authors conclude that experimenter observation has a small influence but not enough to account for most of the deviation from perfect-equilibrium play.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bes:jnlbes:v:15:y:1997:i:3:p:335-44

Ordering information: This journal article can be ordered from
http://www.amstat.org/publications/index.html

Access Statistics for this article

Journal of Business & Economic Statistics is currently edited by Jonathan H. Wright and Keisuke Hirano

More articles in Journal of Business & Economic Statistics from American Statistical Association
Bibliographic data for series maintained by Christopher F. Baum ().

 
Page updated 2020-03-29
Handle: RePEc:bes:jnlbes:v:15:y:1997:i:3:p:335-44