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Being of two minds: an ultimatum experiment investigating affective processes

Dominique Cappellettia (), Werner Güth () and Matteo Ploner
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Dominique Cappellettia: CIFREM, University of Trento, Italy

Authors registered in the RePEc Author Service: Dominique Cappelletti

No 2008-048, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: We experimentally investigate how affective processes influence proposers' and responders' behaviour in the Ultimatum Game. Using a dual-system approach, we tax cognitive resources through time pressure and cognitive load to enhance the influence of affective processes on behaviour. We find that proposers offer more under time pressure and this seems to be due to strategic considerations rather than to other-regarding concerns. We also find that responders are more likely to reject under time pressure. Surprisingly, both proposers and responders appear to be unaffected by cognitive load manipulation.

Keywords: Ultimatum Game; dual-system theories; time pressure; cognitive load; Experimental Economics. (search for similar items in EconPapers)
JEL-codes: C72 C78 C91 (search for similar items in EconPapers)
Date: 2008-06-18
New Economics Papers: this item is included in nep-cbe, nep-exp and nep-gth
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Citations: View citations in EconPapers (10)

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