Agent-based simulation for simultaneous ultimatum games

@article{Hayashida2014AgentbasedSF,
  title={Agent-based simulation for simultaneous ultimatum games},
  author={Tomohiro Hayashida and Ichiro Nishizaki and Koji Saiki},
  journal={2014 IEEE International Conference on Systems, Man, and Cybernetics (SMC)},
  year={2014},
  pages={507-512}
}
The aim of this research is behavioral analysis of the human subjects in laboratory experiments of simultaneous ultimatum game through agent-based simulation. Andreoni and Blanchard (2006) conducted a laboratory experiments using human subjects, and they observed that deviant behavior of the subjects from Nash equilibrium. Similarly, in several laboratory experiments of ultimatum games in a form of sequential game, deviant behavior of the human subjects from subgame perfect equilibrium are… CONTINUE READING

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