JOURNAL OF BEIJING UNIVERSITY OF AERONAUTICS AND A ›› 2008, Vol. 21 ›› Issue (2): 17-19.

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Cohort Difference in the Ultimatum and Dictator Game

HUANGFU Gang1, ZHU Li-qi2   

  1. 1. School of Economics and Management, Beijing University of Aeronautics and Ast ronautics, Beijing 100083, China;;
    2. Institute of Psychology, Chinese Academy of Sciences, Beijing 100101,China
  • Received:2007-04-11 Online:2008-06-25 Published:2010-05-13

Abstract:

The study investigated the decision-making and value of people of different coh orts, by Ultimatum Game and Dictator Game. Results showed that older participant s offered significantly more than the younger groups as proposers, and they reje cted significantly less in UG as responders. As education of participants was co ntrolled in the study, we argued that older people are more in favor of equal al location and altruism than younger groups, due to their value of fairness instea d of cognitive ability.

Key words: decision-making, Ultimatum Game, Dictator Game

CLC Number: