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The Ultimatum Game in complex networks [PDF]
We address the problem of how cooperative (altruistic-like) behavior arises in natural and social systems by analyzing an ultimatum game in complex networks. Specifically, three types of players are considered: (a) empathetic, whose aspiration level and offer are equal, (b) pragmatic, who do not distinguish between the different roles and aim to obtain
R. SINATRA +5 more
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Heartbeat and economic decisions: observing mental stress among proposers and responders in the ultimatum bargaining game. [PDF]
The ultimatum bargaining game (UBG), a widely used method in experimental economics, clearly demonstrates that motives other than pure monetary reward play a role in human economic decision making.
Uwe Dulleck +2 more
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Fairness Versus Reason in the Ultimatum Game [PDF]
In the Ultimatum Game, two players are offered a chance to win a certain sum of money. All they must do is divide it. The proposer suggests how to split the sum. The responder can accept or reject the deal. If the deal is rejected, neither player gets anything.
Sigmund, K., Nowak, M.A., Page, K.M.
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Mutation-selection Equilibria for the Ultimatum Game [PDF]
Rand et al. (2013) present a finite population model to explain the evolution of fair behaviour in the ultimatum game. They find that mutation and selection can balance at population states that resemble human behaviour, in that responders on average evolve sizable thresholds for rejection, and proposers make proposals that on average more than meet ...
Akdeniz, Aslihan, van Veelen, Matthijs
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In-Organization Ethics Power-Allocation Mechanisms and Members’ Decision-Making Behavior
This study examines experimental evidence showing how ethics power allocation mechanisms affect an individual’s in-organization resource division and ethical behavior.
Yudan Pang +3 more
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In this research, we examine how cooperation emerges and develops in sequential dyadic interactions when the initial interaction varies in strategic considerations (i.e., fear of partner rejection) or potential gossip by one’s partner that may affect ...
Junhui Wu +3 more
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How much is our fairness worth? The effect of raising stakes on offers by Proposers and minimum acceptable offers in Dictator and Ultimatum Games. [PDF]
BACKGROUND: The aim of this study was to determine whether people respond differently to low and high stakes in Dictator and Ultimatum Games. We assumed that if we raised the stakes high enough, we would observe more self-orientated behavior because ...
Julie Novakova, Jaroslav Flegr
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Economic Harmony: An Epistemic Theory of Economic Interactions
We propose an epistemic theory of micro-economic interactions, termed Economic Harmony. In the theory, we modify the standard utility, by changing its argument from the player’s actual payoff, to the ratio between the player’s actual payoff and his or ...
Ramzi Suleiman
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Take it or leave it! Experimental evidence on rationality, social preferences and bargaining
The ultimatum game has improved our understanding about the bargaining power associated with a threat, an issue where information and communication are central.
Luis Palacio, Daniel Parra
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The Ultimatum Game and the Law of Demand [PDF]
This note shows that experimental results of the ultimatum game are consistent with and can be explained by the law of demand. Salaries of major league baseball players and estimates of their net marginal revenue while the reserve clause was in effect impressively confirm this assertion. Copyright 1995 by Royal Economic Society.
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