Effects of a Management-Labor Context and Team Play on Ultimatum Game Outcomes.

Laboratory experiments are usually done on individuals, but many business decisions involve groups. Therefore, we ran ultimatum games using individuals and two-person teams. We primed business roles with the labels 'labor' and 'management,' or we used the generic labels of 'proposer' and 'responder....

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Published in:Southern Economic Journal Vol. 83; no. 4; pp. 993 - 1012
Main Authors: Arkes, Hal R., Kagel, John H., Mezhvinsky, Dimitry
Format: Article
Published: Wiley-Blackwell Apr2017
Subjects:
Online Access:View this record in EBSCOhost
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        atl: Effects of a Management-Labor Context and Team Play on Ultimatum Game Outcomes.
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        au:
          Arkes, Hal R.
          Kagel, John H.
          Mezhvinsky, Dimitry
        affil:
          Ohio State University, 225 Psychology Building, 1835 Neil Avenue, Columbus, OH, USA.
          Ohio State University, 410 Arps Hall, 1945 N. High Street, Columbus, OH, USA
          U.S. Department of Justice, 450 Fifth Street, NW, Washington, DC, USA.
      su:
        Game theory
        Human behavior
        Employees
        Executives
        Mathematical models
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        subj:
          Game theory
          Human behavior
          Employees
          Executives
          Mathematical models
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      ab: Laboratory experiments are usually done on individuals, but many business decisions involve groups. Therefore, we ran ultimatum games using individuals and two-person teams. We primed business roles with the labels 'labor' and 'management,' or we used the generic labels of 'proposer' and 'responder.' With business labels, individuals offered lower shares at higher stakes with no significant differences in acceptance rates. For teams, business labels had no significant effect on shares offered, with significantly lower acceptance rates at higher stakes. Teams offered less than individuals, along with higher acceptance rates with generic labels, compared to no significant differences with business labels.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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