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Is the Ultimatum Game a three-body affair?

Published online by Cambridge University Press:  22 December 2005

Gerd Gigerenzer*
Affiliation:
Center for Adaptive Behavior and Cognition, Max Planck Institute for Human Development, 14195 Berlin, Germany http://ntfm.mpib-berlin.mpg.de/mpib/FMPro
Thalia Gigerenzer*
Affiliation:
Center for Adaptive Behavior and Cognition, Max Planck Institute for Human Development, 14195 Berlin, Germany http://ntfm.mpib-berlin.mpg.de/mpib/FMPro
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Abstract

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The Ultimatum Game is commonly interpreted as a two-person bargaining game. The third person who donates and may withdraw the money is not included in the theoretical equations, but treated like a neutral measurement instrument. Yet in a cross-cultural analysis it seems necessary to consider the possibility that the thoughts of a player – strategic, altruistic, selfish, or concerned about reputation – are influenced by both an anonymous second player and the non-anonymous experimenter.

Information

Type
Open Peer Commentary
Copyright
Copyright © Cambridge University Press 2005