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The dictator game is a derivative of the ultimatum game, in which one player (the proposer) provides a one-time offer to the other (the responder). The responder can choose to either accept or reject the proposer's bid, but rejecting the bid would result in both players receiving a payoff of 0.
Apr 3, 2020 · I cover the basics of the dictator game. The original game is from Kahneman, Daniel; Knetsch, Jack L.; Thaler, Richard H. (1986). "Fairness as a Constraint on Profit Seeking: Entitlements in...
- 5 min
- 13.8K
- simondhalliday
May 18, 2021 · The dictator game is a paradigm used in behavioral economics where an actor (sometimes labeled as donor) has the power to distribute a predetermined set of rewards among themselves and at least one recipient.
- Jennifer Vonk
- vonk@oakland.edu
Jul 4, 2018 · The dictator game, a kind of bargaining experiment without any strategic elements, evolved as a variant of the so-called ultimatum game developed by Güth et al. (1982). The ultimatum game consists of a monetary endowment given to one player in a dyad, who has to split it with the other player.
A two minute summary of the dictator game (a very popular game in experimental economics).
- 2 min
- 19.3K
- Weiwen Leung
The dictator game is a very simple game in experimental economics, similar to the ultimatum game. Experimental results in the dictator game have often been cited as a conclusive rebuttal of the rationally self-interested individual (homo economicus) model of economic behavior, although this conclusion is controversial.
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Jan 24, 2020 · The Dictator Game is an economic game that is designed to question the standard economic assumption that individuals will act solely out of self-interest. [1] This is done by presenting real-life data of otherwise rational individuals acting in a manner that runs counter to the predictions of economic assumptions.
