How to Split Gains and Losses? Experimental Evidence of Dictator and Ultimatum Games
AbstractPrevious research has typically focused on distribution problems that emerge in the domain of gains. Only a few studies have distinguished between games played in the domain of gains from games in the domain of losses, even though, for example, prospect theory predicts differences between behavior in both domains. In this study, we experimentally analyze players’ behavior in dictator and ultimatum games when they need to divide a monetary loss and then compare this to behavior when players have to divide a monetary gain. We find that players treat gains and losses differently in that they are less generous in games over losses and react differently to prior experiences. Players in the dictator game become more selfish after they have had the experience of playing an ultimatum game first. View Full-Text
Share & Cite This Article
Neumann, T.; Kierspel, S.; Windrich, I.; Berger, R.; Vogt, B. How to Split Gains and Losses? Experimental Evidence of Dictator and Ultimatum Games. Games 2018, 9, 78.
Neumann T, Kierspel S, Windrich I, Berger R, Vogt B. How to Split Gains and Losses? Experimental Evidence of Dictator and Ultimatum Games. Games. 2018; 9(4):78.Chicago/Turabian Style
Neumann, Thomas; Kierspel, Sabrina; Windrich, Ivo; Berger, Roger; Vogt, Bodo. 2018. "How to Split Gains and Losses? Experimental Evidence of Dictator and Ultimatum Games." Games 9, no. 4: 78.
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.