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Control Number308867
Date and Time of Latest Transaction20150706093839.AM
General Information150706s |||||||||b ||00|||
Cataloging SourceSTII-DOST
Local Call NumberOpensource
Main Entry - Personal NameRotemberg, Julio J.
Title StatementMinimally acceptable altruism and the ultimatum game by Julio J. Rotemberg
Physical Descriptionpages 457-476 computer file; text; 402kb
Summary, Etc.I suppose that people react with anger when others show themselves not to be minimally altruistic. With heterogeneous agents, this can account for the experimental results of ultimatum and dictator games. Moreover, it can account 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 [Levine, D.K., 1998. Modeling altruism and spitefulness in experiments. Review of Economic Dynamics 1, 593–622], Fehr and Schmidt [Fehr, E., Schmidt, K.M., 1999. A theory of fairness, competition and cooperation. Quarterly Journal of Economics 114, 817–868], Dickinson [Dickinson, D.L., 2000. Ultimatum decision making: a test of reciprocal kindness. Theory and Decision 48, 151–177] and Bolton and Ockenfels [Bolton, G.E., Ockenfels, A., 2000. ERC: a theory of equity, reciprocity, and competition. American Economic Review 90, 166–193].04 Soci
Subject Added Entry - Topical Termsciences04Ulti
 tum game04Dict
 or game04Altu
 m -- Economic aspects04Fair
 ss DOST
LocationSTII Opensource NONPRINTS NP 13-14294 1 13-14294 Online/Download 2010-11-12 NONP
 
     
 
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