Ultimatum Game: Understanding Fairness & Inclusion
Activities ID: 1444

Ultimatum Game: Understanding Fairness & Inclusion

Understanding Fairness and Inclusion

The first ultimatum game was developed as a stylized representation of negotiation, by Güth, Schmittberger, and Schwarze in 1982. It has since become a popular economic experiment. It has been adapted in this activity to illustrate the role fairness plays in influencing our reactions and decisions.