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Aggregating the OT and placebo treatments, the average minimum acceptable offer was $2.97.
Both paired subjects receive the proposed amounts if proposer's offer exceeds responder's minimum acceptable offer.
We define a generous transfer in the UG as a DM1 offer that exceeds the average minimum acceptable offer.
A high minimum acceptable offer therefore punishes DM1 for stingy offer but at a cost to DM2.
A generous offer is defined as the difference between the DM1 proposal and the participant's own minimum acceptable offer as DM2.
The DM2 minimum acceptable offer was unaffected by OT OTT mean: $3.03 (SD $1.69); placebo mean: $2.91 (SD $1.74); two-tailed Mann-Whitney, p = 0.78).
Similar(48)
The effect of raising stakes on offers by proposers and minimum acceptable offers in dictator and ultimatum games.
Pessimistic subjects have significantly lower minimum acceptable offers, though pessimism was randomly generated in an unrelated environment.
All participants were asked to make proposals as DM1s and to identify their minimum their acceptable offers as DM2s.
They can set a minimum acceptable price "MAP" for the revenue generated by offers customers can use to "buy" your product.
Having a minimum acceptable threshold in the UG means that some offers are rejected.
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