How much is our fairness worth? The effect of raising stakes on offers by Proposers and minimum acceptable offers in Dictator and Ultimatum Games.

ABSTRACT:

Background

The aim of this study was to determine whether people respond differently to low and high stakes in Dictator and Ultimatum Games. We assumed that if we raised the stakes high enough, we would observe more self-orientated behavior because fairness would become too costly, in spite of a possible risk of a higher punishment.

Methods

A questionnaire was completed by a sample of 524 university students of biology. A mixed linear model was used to test the relation between the amount at stake (CZK 20, 200, 2,000, 20,000 and 200,000, i.e., approximately $1-$10,000) and the shares, as well as the subjects' gender and the design of the study (single vs. multiple games for different amounts).

Results

We have discovered a significant relationship between the amount at

SUBMITTER: Novakova J 

PROVIDER: S-EPMC3620327 | biostudies-literature | 2013

REPOSITORIES: biostudies-literature