About: DEMO: What Lies Beneath Players' Non-Rationality in Ultimatum Game?

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	The rational strategy suggested by the game theory predicts a human playing Ultimatum Game (UG) would have tendency to decide in accordance with the assumption of self-interested rationality, i.e. to choose more for oneself and offer the least amount possible for co-players [2]. This “utilitarian and gametheoretically correct “rational behaviour is however rarely observed when experiments are conducted with human beings [1]. Long-term research in experimental economics indicates that humans do not behave as selfish as traditional economics assume them to do. In UG, human-responders reject offers they find too low while human-proposers often offer more than the smallest amount. An intuitively plausible interpretation of this phenomenon is that responders would rather give up some profit than be treated unfairly. This “non-rational behaviour provides an insight into human’s motivation as a social being. The work challenges this view and insists on human rationality. The rational strategy suggested by the game theory predicts a human playing Ultimatum Game (UG) would have tendency to decide in accordance with the assumption of self-interested rationality, i.e. to choose more for oneself and offer the least amount possible for co-players [2]. This “utilitarian and gametheoretically correct “rational behaviour is however rarely observed when experiments are conducted with human beings [1]. Long-term research in experimental economics indicates that humans do not behave as selfish as traditional economics assume them to do. In UG, human-responders reject offers they find too low while human-proposers often offer more than the smallest amount. An intuitively plausible interpretation of this phenomenon is that responders would rather give up some profit than be treated unfairly. This “non-rational behaviour provides an insight into human’s motivation as a social being. The work challenges this view and insists on human rationality. (en)
Title	DEMO: What Lies Beneath Players' Non-Rationality in Ultimatum Game? DEMO: What Lies Beneath Players' Non-Rationality in Ultimatum Game? (en)
skos:prefLabel	DEMO: What Lies Beneath Players' Non-Rationality in Ultimatum Game? DEMO: What Lies Beneath Players' Non-Rationality in Ultimatum Game? (en)
skos:notation	RIV/67985556:_____/13:00396810!RIV14-GA0-67985556
http://linked.open...avai/riv/aktivita	I P
http://linked.open...avai/riv/aktivity	I, P(GA13-13502S)
http://linked.open...vai/riv/dodaniDat	2014
http://linked.open...aciTvurceVysledku	Guy, Tatiana Valentine Kárný, Miroslav Knejflová, Zuzana Avanesyan, Galina
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Ústav teorie informace a automatizace AV ČR, v. v. i.
http://linked.open...dnocenehoVysledku	68306
http://linked.open...ai/riv/idVysledku	RIV/67985556:_____/13:00396810
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Players; Non-Rationality; Ultimatum Game (en)
http://linked.open.../riv/klicoveSlovo	Non-Rationality Players Ultimatum Game
http://linked.open...ontrolniKodProRIV	[481127E7DC13]
http://linked.open...v/mistoKonaniAkce	Prague
http://linked.open...i/riv/mistoVydani	Prague
http://linked.open...i/riv/nazevZdroje	Preprints of the 3rd International Workshop on Scalable Decision Making held in conjunction with ECML/PKDD 2013
http://linked.open...in/vavai/riv/obor	BC
http://linked.open...ichTvurcuVysledku	4 (xsd:int)
http://linked.open...cetTvurcuVysledku	4 (xsd:int)
http://linked.open...vavai/riv/projekt	Fully Probabilistic Design of Dynamic Decision Strategies for Imperfect Participants in Market Scenarios
http://linked.open...UplatneniVysledku	2013
http://linked.open...iv/tvurceVysledku	Guy, Tatiana Valentine Kárný, Miroslav Avanesyan, Galina Knejflová, Zuzana
http://linked.open...vavai/riv/typAkce	WRD - Světová
http://linked.open.../riv/zahajeniAkce	2013-09-23 (xsd:date)
number of pages	1 (xsd:int)
http://purl.org/ne...btex#hasPublisher	Ústav teorie informace a automatizace AV ČR
https://schema.org/isbn	978-80-903834-8-7

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