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Statements

Subject Item
n2:RIV%2F67985556%3A_____%2F13%3A00396810%21RIV14-GA0-67985556
rdf:type
n7:Vysledek skos:Concept
dcterms: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.
dcterms:title
DEMO: What Lies Beneath Players' Non-Rationality in Ultimatum Game? DEMO: What Lies Beneath Players' Non-Rationality in Ultimatum Game?
skos:prefLabel
DEMO: What Lies Beneath Players' Non-Rationality in Ultimatum Game? DEMO: What Lies Beneath Players' Non-Rationality in Ultimatum Game?
skos:notation
RIV/67985556:_____/13:00396810!RIV14-GA0-67985556
n7:predkladatel
n8:ico%3A67985556
n3:aktivita
n5:P n5:I
n3:aktivity
I, P(GA13-13502S)
n3:dodaniDat
n4:2014
n3:domaciTvurceVysledku
n15:6585256 n15:3056236 n15:4780280 n15:2411571
n3:druhVysledku
n12:D
n3:duvernostUdaju
n20:S
n3:entitaPredkladatele
n19:predkladatel
n3:idSjednocenehoVysledku
68306
n3:idVysledku
RIV/67985556:_____/13:00396810
n3:jazykVysledku
n10:eng
n3:klicovaSlova
Players; Non-Rationality; Ultimatum Game
n3:klicoveSlovo
n11:Players n11:Ultimatum%20Game n11:Non-Rationality
n3:kontrolniKodProRIV
[481127E7DC13]
n3:mistoKonaniAkce
Prague
n3:mistoVydani
Prague
n3:nazevZdroje
Preprints of the 3rd International Workshop on Scalable Decision Making held in conjunction with ECML/PKDD 2013
n3:obor
n18:BC
n3:pocetDomacichTvurcuVysledku
4
n3:pocetTvurcuVysledku
4
n3:projekt
n17:GA13-13502S
n3:rokUplatneniVysledku
n4:2013
n3:tvurceVysledku
Avanesyan, Galina Knejflová, Zuzana Guy, Tatiana Valentine Kárný, Miroslav
n3:typAkce
n14:WRD
n3:zahajeniAkce
2013-09-23+02:00
s:numberOfPages
1
n21:hasPublisher
Ústav teorie informace a automatizace AV ČR
n9:isbn
978-80-903834-8-7