Minimally acceptable altruism and the ultimatum game
View on Open Library ↗

Minimally acceptable altruism and the ultimatum game

by

6 min read
Rate this book:
30 pages 2004

About This Book

I suppose that people react with anger when others show themselves not to be minimally altruistic. I show that, with heterogeneous agents, this can account for the experimental results of ultimatum and dictator games. Moreover, it accounts for the surprisingly large fraction of individuals who offer an even split with parameter values that are more plausible than those that are required to explain outcomes in these experiments with the models of Levine (1998), Fehr and Schmidt (1999), Dickson (2000) and Bolton and Ockenfels (2000).

Buy This Book

As an Amazon Associate and Bookshop.org affiliate, BookOrb earns from qualifying purchases.

Write a Review

Sign in to write a review.