Ontology highlight
ABSTRACT:
SUBMITTER: Han X
PROVIDER: S-EPMC5775192 | biostudies-literature | 2018 Jan
REPOSITORIES: biostudies-literature
Han Xiao X Cao Shinan S Bao Jian-Zhang JZ Wang Wen-Xu WX Zhang Boyu B Gao Zi-You ZY Sánchez Angel A
Scientific reports 20180119 1
Experiments on the Ultimatum Game (UG) repeatedly show that people's behaviour is far from rational. In UG experiments, a subject proposes how to divide a pot and the other can accept or reject the proposal, in which case both lose everything. While rational people would offer and accept the minimum possible amount, in experiments low offers are often rejected and offers are typically larger than the minimum, and even fair. Several theoretical works have proposed that these results may arise evo ...[more]