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Adolescent-adult interactions and culture in the ultimatum game

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  • Hoffmann, Robert
  • Tee, Jin-Yee

Abstract

We report on ultimatum game experiments conducted with same-age as well as mixed-age groups of Asian adolescents and adults. The findings indicate that compared with adults, adolescents make significantly larger offers to adult responders and are less likely to reject. Chinese subjects are found to make smaller offers than non-Chinese Asian subjects, but are no more likely to reject. The findings are explained with reference to theories of childhood development and (culture-specific) socialisation.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Psychology.

Volume (Year): 27 (2006)
Issue (Month): 1 (February)
Pages: 98-116

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Handle: RePEc:eee:joepsy:v:27:y:2006:i:1:p:98-116

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Web page: http://www.elsevier.com/locate/joep

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References

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  1. Alvin E. Roth & V. Prasnikar & M. Okuno-Fujiwara & S. Zamir, 1998. "Bargaining and market behavior in Jerusalem, Liubljana, Pittsburgh and Tokyo: an experimental study," Levine's Working Paper Archive 344, David K. Levine.
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  4. W. Guth & R. Schmittberger & B. Schwartz, 2010. "An experimental analysis of ultimatum bargaining," Levine's Working Paper Archive 291, David K. Levine.
  5. Keith Murnighan & M Saxon, 1998. "Ultimatum bargaining by children and adults," Artefactual Field Experiments 00100, The Field Experiments Website.
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  8. William T. Harbaugh & Kate Krause & Lise Vesterlund, 1999. "Risk attitudes of children and adults: choices over small and large probability gains and losses," University of Oregon Economics Department Working Papers 1999-2, University of Oregon Economics Department.
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  11. Joseph Henrich, 2000. "Does Culture Matter in Economic Behavior? Ultimatum Game Bargaining among the Machiguenga of the Peruvian Amazon," American Economic Review, American Economic Association, vol. 90(4), pages 973-979, September.
  12. Hoffman, Elizabeth & McCabe, Kevin A & Smith, Vernon L, 1996. "On Expectations and the Monetary Stakes in Ultimatum Games," International Journal of Game Theory, Springer, vol. 25(3), pages 289-301.
  13. Webley, Paul & Lea, Stephen E. G., 1993. "Towards a more realistic psychology of economic socialization," Journal of Economic Psychology, Elsevier, vol. 14(3), pages 461-472, September.
  14. William T. Harbaugh & Kate Krause & Steven G. Liday, 2002. "Bargaining by Children," University of Oregon Economics Department Working Papers 2002-04, University of Oregon Economics Department, revised 20 Jul 2002.
  15. William T. Harbaugh & Kate Krause, 2001. "Economic Experiments That You Can Perform At Home On Your Children," University of Oregon Economics Department Working Papers 1999-1, University of Oregon Economics Department, revised 19 Mar 1999.
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  18. Guth, Werner & Schmittberger, Rolf & Schwarze, Bernd, 1982. "An experimental analysis of ultimatum bargaining," Journal of Economic Behavior & Organization, Elsevier, vol. 3(4), pages 367-388, December.
  19. William T. Harbaugh & Kate Krause & Timothy R. Berry, 2001. "GARP for Kids: On the Development of Rational Choice Behavior," American Economic Review, American Economic Association, vol. 91(5), pages 1539-1545, December.
  20. Fan, Chinn-Ping, 2000. "Teaching children cooperation -- An application of experimental game theory," Journal of Economic Behavior & Organization, Elsevier, vol. 41(3), pages 191-209, March.
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Citations

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Cited by:
  1. Ilaria Castelli & Davide Massaro & Alan Sanfey & Antonella Marchetti, 2010. "Fairness and intentionality in children’s decision-making," International Review of Economics, Springer, vol. 57(3), pages 269-288, September.
  2. Jeannette Brosig-Koch & Timo Heinrich & Christoph Helbach, 2012. "Exploring the Capability to Backward Induct – An Experimental Study with Children and Young Adults," Ruhr Economic Papers 0360, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.

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