Personality Preferences and Pre-Commitment: Behavioral Explanations in Ultimatum Games
AbstractThis paper uses responder pre-commitment and the Jungian theory of mental activity and psychological type, as measured by the widely-used Myers-Briggs Type Indicator (MBTI), to gain insight into subject behavior in a laboratory ultimatum bargaining experiment. Three experiment design details are noteworthy: (1) one design requires responders to make a nonbinding pre-commitment rejection level prior to seeing the offer, (2) one design requires responders to make a binding pre-commitment rejection level, and (3) one design includes a third person (or “hostage”) who makes no decision, but whose payment depends on the proposal being accepted. In general, we find behavior in our experiment to be consistent with hypotheses based on theoretical underpinnings of the MBTI and its descriptions of psychological type.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by United States Naval Academy Department of Economics in its series Departmental Working Papers with number 6.
Length: 39 pages
Date of creation: Apr 2004
Date of revision:
Other versions of this item:
- Pamela M. Schmitt & Robert S. Shupp & Kurtis J. Swope & Justin Mayer, 2005. "Personality Preferences and Pre-Commitment: Behavioral Explanations in Ultimatum Games," Working Papers 200503, Ball State University, Department of Economics, revised May 2005.
- 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
This paper has been announced in the following NEP Reports:
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.:
- Solnick, Sara J, 2001. "Gender Differences in the Ultimatum Game," Economic Inquiry, Western Economic Association International, vol. 39(2), pages 189-200, April.
- John Kagel & Katherine Wolfe, 2001. "Tests of Fairness Models Based on Equity Considerations in a Three-Person Ultimatum Game," Experimental Economics, Springer, vol. 4(3), pages 203-219, December.
- Ben-Ner, Avner & Kong, Fanmin & Putterman, Louis, 2004. "Share and share alike? Gender-pairing, personality, and cognitive ability as determinants of giving," Journal of Economic Psychology, Elsevier, vol. 25(5), pages 581-589, October.
- Avner Ben-Ner & Famin Kong & Louis Putterman & Dan Magan, .
"Reciprocity in a Two-Part Dictator Game,"
0902, Human Resources and Labor Studies, University of Minnesota (Twin Cities Campus).
- Eckel, Catherine C & Grossman, Philip J, 2001. "Chivalry and Solidarity in Ultimatum Games," Economic Inquiry, Western Economic Association International, vol. 39(2), pages 171-88, April.
- Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
- Boone, Christophe & De Brabander, Bert & van Witteloostuijn, Arjen, 1999. "The impact of personality on behavior in five Prisoner's Dilemma games," Journal of Economic Psychology, Elsevier, vol. 20(3), pages 343-377, June.
- Caplan, Bryan, 2003. "Stigler-Becker versus Myers-Briggs: why preference-based explanations are scientifically meaningful and empirically important," Journal of Economic Behavior & Organization, Elsevier, vol. 50(4), pages 391-405, April.
- Swope, Kurtis J. & Cadigan, John & Schmitt, Pamela M. & Shupp, Robert, 2008.
"Personality preferences in laboratory economics experiments,"
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics),
Elsevier, vol. 37(3), pages 998-1009, June.
- Kurtis J. Swope & John Cadigan & Pamela M. Schmitt & Robert S. Shupp, 2005. "Personality Preferences in Laboratory Economics Experiments," Working Papers 200507, Ball State University, Department of Economics, revised Jul 2005.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.