The Ultimatum Game (UG) is an economic game where two players (proposer and responder) decide how to split a certain amount of money. While traditional economic theories based on rational decision making predict that the proposer should make a minimal of
but also have a condition that is focused on the self. Moreover, we employ the UG rather than the Dictator Game. In this way, we investigate whether a similar nudge can be induced as in the Dictator Game by focusing on the other
In the meantime, studies with evolutionary game theory-based models have suggested that including additional information in UG promotes the evolution of fairness. Nowak et al. (2000) showed that fairness can evolve when the information about responder's acceptance levels (reputations) are known to ...
Prospect Theory.The current study aims to report the first Ultimatum and Dictator bargaining game over the real works. Our experiment was created to avoid the impact of windfall gains. In contrast with monetary, time and real effort cannot be granted by the experimenter and imply a natural loss...
Players in the dictator game become more selfish after they have had the experience of playing an ultimatum game first.View Full-TextNeumannChairThomasChairKierspelChairSabrinaChairWindrichChairIvoChairBergerChairRogerChairVogtChairBodoChairMDPIGames