How does the introduction of time constraints affect the outcome of the Ultimatum Game?
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The introduction of time constraints in the Ultimatum Game influences outcomes differently based on various factors. Doll et al. implemented waiting time as a currency in the game and found that different situations following waiting time did not impact bargaining behavior, but gain and loss framing did affect responders' willingness to wait and propensity to risk rejection . On the other hand, Zheng et al. demonstrated that a pinning control procedure, where a small fraction of individuals are pinned to be fair players, can unexpectedly lead the whole population to evolve into full fairness, especially in heterogeneous networks . This suggests that time constraints, when integrated strategically like in the pinning control procedure, can promote social fairness effectively in certain scenarios.
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2 Citations | Time constraints in the Extended Ultimatum Game model the longitudinal effects of repeated decisions on shared content in social networks, leading to fair outcomes over time. |
| Not addressed in the paper. | |
| In the Ultimatum Game, pinning a small fraction of fair players can lead to full fairness. Time constraints influence convergence time, with periodic on-off control reducing costs in heterogeneous networks. | |
| Introducing time constraints through periodic on-off pinning control can sustain fairness in the Ultimatum Game by promoting social fairness efficiently and reducing control costs. | |
Open access•Posted Content | Introducing waiting time as currency in Ultimatum Game doesn't significantly impact bargaining behavior. Responders are less willing to wait in loss-framed outcomes, risking offer rejections. |
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