Subjects' behavior in Ultimatum Game with Earned Endowments

Student: Khalzov Ian

Educational Programme: Joint HSE-NES Undergraduate Program in Economics (Bachelor)

Year of Graduation: 2020

In this paper, I investigate the influence of “entitlement effect” on responder’s reception of the changes in proposer’s behavior. According to the modern economic theory, “entitlement effect” has a significant impact on proposer’s behavior. The following paper aims to analyze responder’s reaction on deviations caused by entitlement heterogeneity. The research methodology is based on analyzing and comparing such parameters as rejection rate, minimum acceptable offer and reported players’ expectations. General knowledge test, labor-intensive task and lottery allocations are used to create variations in disposable income. This paper studies only one-shot games.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses