Quantcast
Last updated on April 19, 2014 at 21:20 EDT

Latest Ultimatum game Stories

2013-10-17 17:18:50

When financial gain depends on cooperation, we might expect that people would put aside their differences and focus on the bottom line. But new research suggests that people's racial biases make them more likely to leave money on the table when a windfall is not split evenly between groups. The findings are published in Psychological Science, a journal of the Association for Psychological Science. "It has been suggested that race bias in economic decisions may not occur in a market...

Ultimatum Game Shows Chimps Can Practice Fairness
2013-01-15 04:39:10

April Flowers for redOrbit.com - Your Universe Online Chimpanzees possess a sense of fairness that scientists previously attributed as being solely human, a new study from the Yerkes National Primate Research Center at Emory University, and Georgia State University demonstrates. To determine how sensitive chimps are to the reward distribution between two individuals if both need to agree on the outcome, the researchers played the Ultimatum Game with them. The findings of this study,...

2012-03-15 05:38:00

(Ivanhoe Newswire) -- My toy, my snack, my juice box, kids can be selfish! A new study suggests that age-associated improvements in the ability to consider others are linked with maturation of the brain region involved in self control. The study may help to explain why children can be selfish when they are taught better and could improve educational strategies that are designed to encourage successful social behavior. Social interactions involve two parties who want the greatest possible...

2012-03-08 00:51:33

A new study suggests that age-associated improvements in the ability to consider the preferences of others are linked with maturation of a brain region involved in self control. The findings may help to explain why young children often struggle to control selfish impulses, even when they know better, and could impact educational strategies designed to promote successful social behavior. Human social interactions often involve two parties who want to maximize their own outcomes while...

2011-11-10 12:12:40

Money can make people act crazy, but there is a small group of people that act more rationally than most, and this behavior may be due to their high "cognitive control," according to a new study being published in the Nov. 9 issue of the online journal PLoS ONE. The researchers, led by Wim De Neys of National Center for Scientific Research (CNRS) in France, tested subjects' behavior in the Ultimatum Game, in which two players have to split a sum of money. One player makes an offer, and the...

2011-02-22 08:30:00

EVANSTON, Ill., Feb. 22, 2011 /PRNewswire/ -- The negotiating process for your desired salary might depend more on hormone levels than the economy, according to a new study. Research from the Kellogg School of Management at Northwestern University finds that testosterone plays a silent but forceful role in bargaining behavior. The study examines whether exposure to prenatal testosterone predicts aggressive responses to unfair offers during bargaining. The research finds that individual...

2009-05-14 23:22:32

Displaying emotions to try to get a better deal might work, but going too far can backfire, U.S. researchers suggest. Eduardo B. Andrade and Teck-Hua Ho of University of California, Berkeley, say an example of emotion gaming would be exaggerating anger while negotiating with a car dealer. In one experiment, participants, who were told their payment was contingent on the outcome of playing two games involving interactive decision-making. In the Dictator Game, a proposer was endowed with a pot...