Quote Originally Posted by Shek View Post
I'm going to play the ultimatum game on the first day of my comparative economic systems class in the fall to illustrate how culture plays a role in your economic system and will let you know. I suspect that the "cooperate and graduate" mantra will amplify the general result that you see equitable offers in capitalistic societies.
I use it in class every year, in my peacebuilding/post conflict course, to highlight how the behaviour of parties in negotiation is shaped not only by relative power differentials and utility-maximization, but also by perceptions of "fairness" (justice, etc).