Goal programming to model human decision making in ultimatum games
Goal Programming (GP) is applied to modelling the decision making processes in the well-known Ultimatum Game and some of its variations.The decision model for a player is a Chebychev GP model that balances her individual desires with the mental model she has of the desires of other relevant players....
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| Format: | Article |
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John Wiley & Sons, Inc
2012
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| _version_ | 1803626089086451712 |
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| author | Beullens, Patrick Zabidi, Nerda Zura Jones, Dylan F. |
| author_facet | Beullens, Patrick Zabidi, Nerda Zura Jones, Dylan F. |
| author_sort | Beullens, Patrick |
| collection | UUM |
| description | Goal Programming (GP) is applied to modelling the decision making processes in the well-known Ultimatum Game and some of its variations.The decision model for a player is a Chebychev GP model that balances her individual desires with the mental model she has of the desires of other relevant players. Fairness is modelled as a universal mechanism, allowing players to differ in their belief of what a fair solution should be in any particular game. The model's conceptual framework draws upon elements considered of importance in the field of cognitive neuroscience, and results from the field of psychology are used to further specify the types of goals in the model. Computer simulations of the GP models, testing a number of Ultimatum, Dictator and Double-Blind Dictator Games, lead to distributions of proposals made and accepted that correspond reasonably well with experimental findings. |
| first_indexed | 2024-07-04T05:44:37Z |
| format | Article |
| id | uum-10667 |
| institution | Universiti Utara Malaysia |
| last_indexed | 2024-07-04T05:44:37Z |
| publishDate | 2012 |
| publisher | John Wiley & Sons, Inc |
| record_format | dspace |
| spelling | uum-106672014-04-21T05:07:29Z https://repo.uum.edu.my/id/eprint/10667/ Goal programming to model human decision making in ultimatum games Beullens, Patrick Zabidi, Nerda Zura Jones, Dylan F. QA76 Computer software Goal Programming (GP) is applied to modelling the decision making processes in the well-known Ultimatum Game and some of its variations.The decision model for a player is a Chebychev GP model that balances her individual desires with the mental model she has of the desires of other relevant players. Fairness is modelled as a universal mechanism, allowing players to differ in their belief of what a fair solution should be in any particular game. The model's conceptual framework draws upon elements considered of importance in the field of cognitive neuroscience, and results from the field of psychology are used to further specify the types of goals in the model. Computer simulations of the GP models, testing a number of Ultimatum, Dictator and Double-Blind Dictator Games, lead to distributions of proposals made and accepted that correspond reasonably well with experimental findings. John Wiley & Sons, Inc 2012-07 Article PeerReviewed Beullens, Patrick and Zabidi, Nerda Zura and Jones, Dylan F. (2012) Goal programming to model human decision making in ultimatum games. International Transactions in Operational Research, 19 (4). pp. 599-612. ISSN 09696016 http://dx.doi.org/10.1111/j.1475-3995.2011.00826.x doi:10.1111/j.1475-3995.2011.00826.x doi:10.1111/j.1475-3995.2011.00826.x |
| spellingShingle | QA76 Computer software Beullens, Patrick Zabidi, Nerda Zura Jones, Dylan F. Goal programming to model human decision making in ultimatum games |
| title | Goal programming to model human decision making in ultimatum games |
| title_full | Goal programming to model human decision making in ultimatum games |
| title_fullStr | Goal programming to model human decision making in ultimatum games |
| title_full_unstemmed | Goal programming to model human decision making in ultimatum games |
| title_short | Goal programming to model human decision making in ultimatum games |
| title_sort | goal programming to model human decision making in ultimatum games |
| topic | QA76 Computer software |
| work_keys_str_mv | AT beullenspatrick goalprogrammingtomodelhumandecisionmakinginultimatumgames AT zabidinerdazura goalprogrammingtomodelhumandecisionmakinginultimatumgames AT jonesdylanf goalprogrammingtomodelhumandecisionmakinginultimatumgames |