Expectations and social decision making: An investigation of gain and loss ultimatum games

Renata M. Heilman, Alexandru Ursu, Sabina R. Trif, Petko Kusev, Rose Martin, Joseph Teal

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Abstract

Fairness plays a pivotal role in shaping the emergence and evolution of social relationships. The equitable distribution of resources holds significant importance. In addition to resource allocation, the distribution of losses frequently arises within business or personal partnerships. In this study, we used the Ultimatum Game to investigate comparatively how people respond to fair and unfair divisions of gains and losses. In addition, we aimed to expand current knowledge on how expectations regarding monetary divisions interact with the decisional domain. A total sample of 117 undergraduate students was divided into 3 experimental conditions after the expectation induction manipulation. All participants were presented with 30 gain and 30 loss allocation offers. Our results indicate that both the expectation regarding future monetary allocations and individual decisions when confronted with unfair offers were influenced by the decisional domain. Our study is the first one to directly investigate expectations in conjunction with decisional domains.

Original languageEnglish
Article number102313
Number of pages10
JournalJournal of Behavioral and Experimental Economics
Volume114
DOIs
Publication statusPublished - 19 Nov 2024

Bibliographical note

Publisher Copyright:
© 2024 The Author(s)

Keywords

  • Expectations
  • Fairness
  • Gain
  • Loss
  • Ultimatum game

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