The processes by which culture influences economic variables need to be exposed in order for the concept to be a useful tool for prediction and policy formulation. We investigate the attitudes and experimental behaviour of Malaysian and UK subjects to shed light on the nature of culture and the...

This paper reports two experiments involving an ultimatum game, conducted in Japan. There were two treatments in each experiment, which we call the cash session and the point session. The cash session involves introducing cash into the procedure of the experiments. In other words, in a cash...

We analyze gender differences in the trust game in a "behind the veil of ignorance" design. This method yields strategies that are consistent with actions observed in the classical trust game experiments. We observe that, on average, men and women do not differ in "trust", and that women are...

We analyze gender differences in the trust game in a behind the veil of ignorance design. This method yields strategies that are consistent with actions observed in the classical trust game experiments. We observe that, on averge, men and women do not differ in trust, and that women are slightly...

A long-standing discussion in economics has developed around the issue of whether institutions (specifically markets) affect people’ social preferences. One theory posits that markets force people to interact repeatedly, and in doing do reduce anonymity, curtail opportunistic behavior, and...

The paper aims at defining the role of intentions for reciprocity. The ultimatum game is modified, by adding a kind of randomizer (“Chinese Whisper”), to generate outcomes which are not intended und thus to separate the proposers’ initial intentions from their actual offers. The mechanism...

We demonstrate that one should not expect convergence of the proposals to the subgame perfect Nash equilibrium offer in standard ultimatum games. First, imposing strict experimental control of the behavior of the receiving players and focusing on the behavior of the proposers, we show...

We experimentally investigate how affective processes influence proposers' and responders' behaviour in the Ultimatum Game. Using a dual-system approach, we tax cognitive resources through time pressure and cognitive load to enhance the influence of affective processes on behaviour. We find that...

We demonstrate that one should not expect convergence of the proposals to the subgame perfect Nash equilibrium offer in standard ultimatum games. First, imposing strict experimental control of the behavior of the receiving players and focusing on the behavior of the proposers, we show...

This paper uses responder pre-commitment and psychological type, as measured by the Myers- Briggs Type Indicator (MBTI), to gain insight into subject behavior in a laboratory ultimatum bargaining experiment. Three experiment design details are noteworthy: (1) one design requires responders to...