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Anomalies: Ultimatums, Dictators and Manners

The recent research on ultimatum and dictator games is reviewed. New experiments reveal that the ultimatum game is quite robust to changes in stakes and the nationality of the players but dictator games are sensitive to many design features. Information in the ultimatum game is…

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Ultimatum game · Dictator · Dictator game · Economics · Politeness · Microeconomics · Inequity aversion · Game theory

# Anomalies: Ultimatums, Dictators and Manners > OpenAlex Metadata Hub · https://openalex.org/W2128769827 ## Bibliographic - **DOI:** 10.1257/jep.9.2.209 - **Year:** 1995 - **Citations:** 1357 - **Open Access:** Yes (bronze) - **License:** — - **Source:** https://www.aeaweb.org/articles/pdf/doi/10.1257/jep.9.2.209 ## Authors - Colin F. Camerer - Richard H. Thaler ## Abstract The recent research on ultimatum and dictator games is reviewed. New experiments reveal that the ultimatum game is quite robust to changes in stakes and the nationality of the players but dictator games are sensitive to many design features. Information in the ultimatum game is important. Responders will reject offers only if they are known to be proportionally stingy and are known to be chosen by the proposer (rather than picked at random). Much of the observed behavior can be successfully modeled using Matthew Rabin's (1993) notion of a fairness equilibrium, which incorporates manners into economics. In many market contexts, politeness pays. ## Keywords Ultimatum game, Dictator, Dictator game, Economics, Politeness, Microeconomics, Inequity aversion, Game theory, Experimental economics, Nationality, Positive economics, Mathematical economics, Political science, Law, Politics, Immigration, Mathematics ## Concepts - Ultimatum game - Dictator - Dictator game - Economics - Politeness - Microeconomics - Inequity aversion - Game theory - Experimental economics - Nationality - Positive economics - Mathematical economics - Political science - Law - Politics - Immigration - Mathematics - Inequality - Mathematical analysis --- *Metadata only — full text not imported unless Open Access license permits.*
Bài “Anomalies: Ultimatums, Dictators and Manners” được TradingBase chuyển thành Knowledge Product cho trader — không phải trang đọc abstract OpenAlex. Tóm lược học thuật (đã diễn giải): The recent research on ultimatum and dictator games is reviewed. New experiments reveal that the ultimatum game is quite robust to changes in stakes and the nationality of the players but dictator games are sensitive to many design features. Information in the ultimatum game is important. Responders will reject offers only if they are known to be proportionally stingy and are known to be chosen by the proposer (rather than picked at random). Much of the observed behavior can be successfully modeled using Matthew Rabin's (1993) notion of a fairness equilibrium, which incorporates manners into economics. In many market contexts, politeness pays. Phần Trading Insights bên dưới nối nghiên cứu với Forex, vàng, USD, lãi suất và risk regime — để bạn đưa vào journal và playbook. Metadata DOI/OA chỉ là rail tham chiếu; nội dung chính là summary, takeaways và ứng dụng thị trường do Content Factory sinh.

1. The recent research on ultimatum and dictator games is reviewed.

2. New experiments reveal that the ultimatum game is quite robust to changes in stakes and the nationality of the players but dictator games are sensitive to many design features.

3. Information in the ultimatum game is important.

4. Responders will reject offers only if they are known to be proportionally stingy and are known to be chosen by the proposer (rather than picked at random).

5. Much of the observed behavior can be successfully modeled using Matthew Rabin's (1993) notion of a fairness equilibrium, which incorporates manners into economics.

6. In many market contexts, politeness pays.

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