Information AboutDictator Game |
| CATEGORIES ABOUT DICTATOR GAME | |
| game theory | |
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The first player "the proposer" determines an allocation (split) of some endowment (such as a cash prize). The "responder" in this case simply receives the remainder of the Endowment not allocated by the proposer to herself. The responder's role is entirely passive (she has no strategic input into the outcome of the game). This game has been used to test the s). This result appears to demonstrate that either: # Proposers fail to maximize their own Expected Utility , or # Proposer's Utility Function s include benefits received by others. However, other explanations have been offered, such as the ''anonymity hypothesis'', which claim that the experiment is not correctly designed to test for " Altruistic " behaviour, and that the presence of the experimenter causes the proposer to avoid the appearance of "greed". NOTES |
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