The Foundation of Strategic Interaction: An Alternative Interpretation with Empathy
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| Title | The Foundation of Strategic Interaction: An Alternative Interpretation with Empathy
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| Author | Haoran He,Ye’an Zhou and Zuocong Ying |
| Organization | Beijing Normal University;Renmin University of China |
| Email | rendayean@163.com；15201568693@126.com |
| Key Words | Empathy; Role reversal; Information disclosure; Ultimatum game; Experiment |
| Abstract | Observed behavior commonly deviates from the equilibrium of homoeconomicus models. Using two ultimatum games in sequence, we investigate the impacts of empathy and its degree on decisions in sequential strategic interaction through reversing roles of decision-making across the two games and disclosing information about role reversal prior to decision-making in first game. We find that both role reversal and information disclosure do not affect decisions, showing that natural empathy spontaneously appearing in strategic interaction is throughout enough. Our findings suggest an alternative emotion-based interpretation for the behavioral deviation from the equilibrium of homoeconomicus models. |
| Serial Number | WP687 |
| Time | 2014-09-04 |
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