Examlex
Descriptive rules
Ultimatum Game
A game in economic experiments where one player proposes a division of resources, and the other can accept or reject it.
Dictator/Proposer
In game theory, a player who has the power to propose the division of a resource or goods, often in a bargaining or allocation scenario.
Behavioral Economists
Study the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical economic theory.
Dictator Game
An experimental game in economics where one player, the "dictator," determines how to split a sum of money between themselves and another player.
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