Fairness Versus Reason in the Ultimatum Game

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/4655 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/4655 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/4655 archive 351 disk0/00/00/61/89 2016-01-15 02:12:28 2021-08-27 17:17:13 2016-01-15 02:12:28 monograph show 3 Nowak M.A. 7540 Page K.M. Sigmund K. 1050 Fairness Versus Reason in the Ultimatum Game pub iis_ecl iis_mod prog_adn In the Ultimatum Game, two players are offered a chance to win a certain sum of money. All they must do is divide it. The proposer suggests how to split the sum. The responder can accept or reject the deal. If the deal is rejected, neither player gets anything. The rational solution, suggested by game theory, is for the proposer to offer the smallest possible share and for the responder to accept it. If humans play the game, however, the most frequent outcome is a fair share. In this paper, we develop an evolutionary approach to the Ultimatum Game. We show that fairness will evolve if the proposer can obtain some information on what deals the responder has accepted in the past. Hence, the evolution of fairness, similar to the evolution of cooperation, is linked to reputation. 2000-11 published IR-00-057 IR-00-057 1481 282 public interim_report IIASA, Laxenburg, Austria 16 FALSE info:eu-repo/semantics/book