Working paper
Homo aequalis: a cross-society experimental analysis of three bargaining games
- Abstract:
- Data from three bargaining games - the Dictator Game, the Ultimatum Game, and the Third-Party Punishment Game - played in 15 societies are presented. The societies range from US undergraduates to Amazonian, Arctic, and African hunter-gatherers. Behaviour within the games varies markedly across societies. The paper investigates whether this behavioural diversity can be explained solely by variations in inequality aversion. Combining a single parameter utility function with the notion of subgame perfection generates a number of testable predictions. While most of these are supported, there are some telling divergencies between theory and data: uncertainty and preferences relating to acts of vengeance may have influenced play in the Ultimatum and Third-Party Punishment Games; and a few subjects used the games as an opportunity to engage in costly signalling
- Publication status:
- Published
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(Preview, Version of record, pdf, 306.2KB, Terms of use)
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Authors
- Publisher:
- University of Oxford
- Series:
- Department of Economics Discussion Paper Series
- Publication date:
- 2009-02-01
- Paper number:
- 422
- Keywords:
- Pubs id:
-
1144004
- Local pid:
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pubs:1144004
- Deposit date:
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2020-12-15
- ARK identifier:
Terms of use
- Copyright date:
- 2009
- Rights statement:
- Copyright 2009 The Author(s)
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