Economic Harmony: An Epistemic Theory of Economic Interactions
Games, 2017 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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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]
PLoS ONE, 2013 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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Power and fairness in a generalized ultimatum game. [PDF]
PLoS One, 2014 PLoS ONE, 9 (6)
Ciampaglia GL, Lozano S, Helbing D.
europepmc +9 more sources
Take it or leave it! Experimental evidence on rationality, social preferences and bargaining
Lecturas de Economía, 2015 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]
The Economic Journal, 1995 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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Replicator Dynamics of Symmetric Ultimatum Game [PDF]
Dynamic Games and Applications, 2012 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jacek Miekisz, Michal Ramsza
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Re-visting the Ultimatum Game: Understanding Responses to Robotic Opponents
IEEE/ACM International Conference on Human-Robot InteractionRobots rarely (if ever) consider properties of fairness in their decision-making despite tangible research in adjacent fields. In psychology and human-computer interaction, the ultimatum game has been used to examine how people respond to perceptions of ...
N. Nwagwu +3 more
semanticscholar +1 more source
Stake size effects in ultimatum game and dictator game offers: A meta-analysis
Organizational Behavior and Human Decision Processes, 2019 Are people more generous when less money is at stake? The Ultimatum Game (UG) and Dictator Game (DG) are often used as models of bargaining and charitable giving, respectively.
Andrea Larney, A. Rotella, Pat Barclay
semanticscholar +1 more source
Know your neighbor: The impact of social context on fairness behavior.
PLoS ONE, 2018 Laboratory experiments offer an opportunity to isolate human behaviors with a level of precision that is often difficult to obtain using other (survey-based) methods.
Neelanjan Sircar +3 more
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On the Impact of an Intermediary Agent in the Ultimatum Game
Games, 2022 Delegating bargaining to an intermediary agent is common practice in many situations. The proposer, while not actively bargaining, sets constraints on the intermediary agent’s offer. We study ultimatum games where proposers delegate bargaining to an intermediary agent by setting boundaries on either end of the offer.
Ernan Haruvy, Yefim Roth
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