Tag Archives: ultimatum

What kind of dictator are you?

Colonel Gaddafi is a classic example of a selfish dictator taking as much as he can from his powerful position. How would you act if you were a dictator? The dictator game The dictator game is closely related to the … Continue reading

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Don’t mess with a bald guy!

Yesterday’s post looked at the ultimatum game, where one player has some money and can offer some of that money to another player. If the other player rejects the offer then both players get nothing. Research by Terence C Burnham … Continue reading

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When would you turn down free money?

People will turn down free money if they think the deal is unfair. The ultimatum game is a simple game which shows this. The first player is given £100. They then choose to give a proportion of that money to … Continue reading

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