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Adolescent-Adult Interactions and Culture in the Ultimatum Game

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Author Info
Robert Hoffmann () (Nottingham University Business School)
Jin-Yee Tee

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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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File URL: http://www.nottingham.ac.uk/%7Elizecon/RePEc/pdf/age.pdf
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Publisher Info
Paper provided by Industrial Economics Division in its series Occasional Papers with number 5.

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Length: pages
Date of creation: 09 2003
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Handle: RePEc:nub:occpap:5

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Related research
Keywords: adolescents ultimatum game culture fairness experiments

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Find related papers by JEL classification:
D64 - Microeconomics - - Welfare Economics - - - Altruism
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Roth, Alvin E. & Vesna Prasnikar & Masahiro Okuno-Fujiwara & Shmuel Zamir, 1991. "Bargaining and Market Behavior in Jerusalem, Ljubljana, Pittsburgh, and Tokyo: An Experimental Study," American Economic Review, American Economic Association, vol. 81(5), pages 1068-95, December. [Downloadable!] (restricted)
  2. William T. Harbaugh & Kate Krause & Lise Vesterlund, 2002. "Risk Attitudes of Children and Adults: Choices Over Small and Large Probability Gains and Losses," Artefactual Field Experiments 0047, The Field Experiments Website. [Downloadable!]
  3. 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.
  4. Joseph Henrich & Robert Boyd & Samuel Bowles & Colin Camerer & Herbert Gintis & Richard McElreath & Ernst Fehr, 2001. "In Search of Homo Economicus: Experiments in 15 Small-Scale Societies," Artefactual Field Experiments 0059, The Field Experiments Website. [Downloadable!]
  5. 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. [Downloadable!] (restricted)
  6. 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. [Downloadable!]
  7. David J. Cooper et al., 1999. "Gaming against Managers in Incentive Systems: Experimental Results with Chinese Students and Chinese Managers," American Economic Review, American Economic Association, vol. 89(4), pages 781-804, September. [Downloadable!] (restricted)
  8. William T. Harbaugh & Kate Krause & Steven G. Liday & Lise Vesterlund, 2001. "Trust in Children," University of Oregon Economics Department Working Papers 2002-10, University of Oregon Economics Department, revised 25 Mar 2002. [Downloadable!]
  9. David J. Cooper & John H. Kagel & Wei Lo, 1999. "Gaming Against Managers in Incentive Systems: Experimental Results with Chinese Students and Chinese Managers," Artefactual Field Experiments 0034, The Field Experiments Website. [Downloadable!]
  10. 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. [Downloadable!] (restricted)
  11. Murnighan, J. Keith & Saxon, Michael Scott, 1998. "Ultimatum bargaining by children and adults," Journal of Economic Psychology, Elsevier, vol. 19(4), pages 415-445, August. [Downloadable!] (restricted)
  12. 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. [Downloadable!]
  13. 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. [Downloadable!]
    Other versions:
  14. J. Keith Murnighan & M.S. Saxon, 1998. "Ultimatum Bargaining by Children and Adults," Artefactual Field Experiments 0071, The Field Experiments Website. [Downloadable!]
  15. Joseph Henrich, 2000. "Does Culture Matter in Economic Behavior? Ultimatum Game Bargaining Among the Machiguenga," Artefactual Field Experiments 0058, The Field Experiments Website. [Downloadable!]
  16. Forsythe Robert & Horowitz Joel L. & Savin N. E. & Sefton Martin, 1994. "Fairness in Simple Bargaining Experiments," Games and Economic Behavior, Elsevier, vol. 6(3), pages 347-369, May. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Thomas Chesney & Swee-Hoon Chuah & Robert Hoffmann, 2007. "Virtual world experimentation: An exploratory study," Discussion Papers 2007-14, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham. [Downloadable!]
  2. Thomas Chesney & Swee-Hoon Chuah & Robert Hoffmann, 2007. "Virtual world experimentation: An exploratory study," Occasional Papers 21, Industrial Economics Division. [Downloadable!]
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This page was last updated on 2008-10-9.

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