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Being of two minds: an ultimatum experiment investigating affective processes

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Author Info
Dominique Cappellettia () (CIFREM, University of Trento, Italy)
Werner Güth (Max Planck Institute of Economics, Strategic Interaction Group, Jena, Germany)
Matteo Ploner (Max Planck Institute of Economics, Strategic Interaction Group, Jena, Germany)

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Abstract

We experimentally investigate how affective processes influence proposers' and responders' behaviour in the Ultimatum Game. Using a dual-system approach, we tax cognitive resources through time pressure and cognitive load to enhance the influence of affective processes on behaviour. We find that proposers offer more under time pressure and this seems to be due to strategic considerations rather than to other-regarding concerns. We also find that responders are more likely to reject under time pressure. Surprisingly, both proposers and responders appear to be unaffected by cognitive load manipulation.

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Publisher Info
Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek in its series Jena Economic Research Papers in Economics with number 2008-048.

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Date of creation: 18 Jun 2008
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Handle: RePEc:jrp:jrpwrp:2008-048

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Web page: http://www.jenecon.de

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Related research
Keywords: Ultimatum Game; dual-system theories; time pressure; cognitive load; Experimental Economics.;

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior

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This page was last updated on 2009-11-18.


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