@article{BruttelGuethNithammeretal.2022,
  author    = {Bruttel, Lisa Verena and G{\"u}th, Werner and Nithammer, Juri and Orland, Andreas},
  title     = {Inefficient cooperation under stochastic and strategic uncertainty},
  series = {Conflict resolution},
  volume    = {66},
  journal   = {Conflict resolution},
  number    = {4-5},
  publisher = {Sage Publ.},
  address   = {Thousand Oaks},
  issn      = {0022-0027},
  doi       = {10.1177/00220027211066614},
  pages     = {755 -- 782},
  year      = {2022},
  abstract  = {Stochastic uncertainty can cause coordination problems that may hinder mutually beneficial cooperation. We propose a mechanism of ex-post voluntary transfers designed to circumvent these coordination problems and ask whether it can increase efficiency. To test this transfer mechanism, we implement a controlled laboratory experiment based on a repeated Ultimatum Game with a stochastic endowment. Contrary to our hypothesis, we find that allowing voluntary transfers does not lead to an efficiency increase. We suggest and analyze two major reasons for this failure: first, stochastic uncertainty forces proposers intending to cooperate to accept high strategic uncertainty, which many proposers avoid; second, many responders behave only incompletely conditionally cooperatively, which hinders cooperation in future periods.},
  language  = {en}
}