RT info:eu-repo/semantics/article
T1 Social Information and Economic Decision-Making in the Ultimatum Game
A1 Gaertig, Celia
A1 Moser, Anna
A1 Alguacil Sánchez, Sonia
A1 Ruz, María
K1 Ultimatum game
K1 Decision-making
K1 Social information
K1 Uncertainty
K1 Psicología
K1 Psychology
AB The present study tested how social information about the proposer biases responders’choices of accepting or rejecting real monetary offers in a classic ultimatum game (UG)and whether this impact is heightened by the uncertainty of the context. Participants inour study conducted a one-shot UG in which their responses had direct consequenceson how much money they earned. We used trait-valenced words to provide informationabout the proposers’ personal characteristics.The results show higher acceptance rates foroffers preceded by positive words than for those preceded by negative words. In addition,the impact of this information was higher in the uncertain than in the certain context. Thissuggests that when deciding whether or not to take money from someone, people takeinto account what they know about the person they are interacting with. Such non-rationalbias is stronger in an uncertain context.
PB Frontiers Media
YR 2012
FD 2012
LK http://hdl.handle.net/10259/8158
UL http://hdl.handle.net/10259/8158
LA eng
NO Financial support to this research came from the Spanish Ministry of Science and Innovation through a “Ramón y Cajal” research fellowship (RYC-2008-03008) and grants PSI2010-16421 and SEJ2007.63247 to María Ruz.
DS Repositorio Institucional de la Universidad de Burgos
RD 17-may-2024