Age & Fairness in Economical Behaviour : An Experimental Investigation of Ultimatum Game

Recently research on ultimatum bargaining, the fact that children often confront and use ultimatums and theories of developmental psychology all combine to suggest that studying children’s ultimatum behaviour will be particularly enlightening, both theoretically and with respect to the development o...

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Main Author: Tee, Jin Yee
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2003
Online Access:https://eprints.nottingham.ac.uk/24413/
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author Tee, Jin Yee
author_facet Tee, Jin Yee
author_sort Tee, Jin Yee
building Nottingham Research Data Repository
collection Online Access
description Recently research on ultimatum bargaining, the fact that children often confront and use ultimatums and theories of developmental psychology all combine to suggest that studying children’s ultimatum behaviour will be particularly enlightening, both theoretically and with respect to the development of bargaining behaviour. The objectives of this paper are: 1) To provide further investigation of the development of bargaining behaviour in ultimatum games. 2) To show that age differences, especially between adolescents and adults, have an influence in the strategic behaviour and social preferences. 3) To identify whether of these adolescents and adults fairness taste were innate or learned through socialisation. The results from the experiments indicate that adolescents were fairer than the adults in the way they offer their share. In addition, adolescents accepted smaller offers as compare to the adults. Difference of age does affect the adolescents’ offer to other players and similarly, it does affect adolescents when responding to the offers. In dictator game, both adolescents and adults allocation of resource were indifferent. Also, the discussion focuses on the development of bargaining strategies and concerns for fairness.
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spelling nottingham-244132018-01-31T10:52:47Z https://eprints.nottingham.ac.uk/24413/ Age & Fairness in Economical Behaviour : An Experimental Investigation of Ultimatum Game Tee, Jin Yee Recently research on ultimatum bargaining, the fact that children often confront and use ultimatums and theories of developmental psychology all combine to suggest that studying children’s ultimatum behaviour will be particularly enlightening, both theoretically and with respect to the development of bargaining behaviour. The objectives of this paper are: 1) To provide further investigation of the development of bargaining behaviour in ultimatum games. 2) To show that age differences, especially between adolescents and adults, have an influence in the strategic behaviour and social preferences. 3) To identify whether of these adolescents and adults fairness taste were innate or learned through socialisation. The results from the experiments indicate that adolescents were fairer than the adults in the way they offer their share. In addition, adolescents accepted smaller offers as compare to the adults. Difference of age does affect the adolescents’ offer to other players and similarly, it does affect adolescents when responding to the offers. In dictator game, both adolescents and adults allocation of resource were indifferent. Also, the discussion focuses on the development of bargaining strategies and concerns for fairness. 2003 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/24413/1/teejinyee.pdf Tee, Jin Yee (2003) Age & Fairness in Economical Behaviour : An Experimental Investigation of Ultimatum Game. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Tee, Jin Yee
Age & Fairness in Economical Behaviour : An Experimental Investigation of Ultimatum Game
title Age & Fairness in Economical Behaviour : An Experimental Investigation of Ultimatum Game
title_full Age & Fairness in Economical Behaviour : An Experimental Investigation of Ultimatum Game
title_fullStr Age & Fairness in Economical Behaviour : An Experimental Investigation of Ultimatum Game
title_full_unstemmed Age & Fairness in Economical Behaviour : An Experimental Investigation of Ultimatum Game
title_short Age & Fairness in Economical Behaviour : An Experimental Investigation of Ultimatum Game
title_sort age & fairness in economical behaviour : an experimental investigation of ultimatum game
url https://eprints.nottingham.ac.uk/24413/