Social Sciences
4 years ago

Unfair play revealed in Ultimatum Game with low information responders

Low Information Games - Experimental Evidence on Learning in Ultimatum Bargaining
Tilman Slembeck

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The study looked at how people learn to play a bargaining game with limited information. The results show that certain ways of learning are better for individuals than others. Also, when players don't have all the information, the person making the offer tends to be less fair. This goes against what we usually think is fair in these types of games.