ultimatum game

GPTKB entity

Statements (37)
Predicate Object
gptkbp:instanceOf game theory experiment
gptkbp:field economics
game theory
psychology
gptkbp:hasConcept altruism
bargaining
punishment
fairness
rationality
inequity aversion
https://www.w3.org/2000/01/rdf-schema#label ultimatum game
gptkbp:introducedIn 1982
gptkbp:inventedBy Werner Güth
gptkbp:numberOfPlayers 2
proposer
responder
gptkbp:opposedBy pure rational self-interest
gptkbp:outcomeIfAccepted money split as proposed
gptkbp:outcomeIfRejected both get nothing
gptkbp:processor proposer suggests division of sum
responder accepts or rejects offer
gptkbp:publishedIn gptkb:Journal_of_Economic_Behavior_&_Organization
gptkbp:relatedTo gptkb:dictator_game
gptkb:trust_game
public goods game
gptkbp:studies brain activity during decision-making
cross-cultural differences
effects of anonymity
effects of stake size
gptkbp:typicalOffer 30-50% of total sum
gptkbp:typicalRejectionThreshold below 20-30% of total sum
gptkbp:usedIn behavioral economics
neuroscience
social psychology
experimental economics
gptkbp:bfsParent gptkb:Experimental_Economics
gptkbp:bfsLayer 8