Game Theory: Cooperation and Coordination

<p>It breeds competition among workers. (D)</p> Signup and view all the answers

<p>Principle of equality (C)</p> Signup and view all the answers

<p>The risk of creating an obligation to return the favor (B)</p> Signup and view all the answers

<p>A's transfer is multiplied by the experimenter before B's decision (B)</p> Signup and view all the answers

<p>It is involved in learning and responds to partner's choices (D)</p> Signup and view all the answers

<p>Good partners are generally seen as more trustworthy (A)</p> Signup and view all the answers

<p>Cooperation increases when playing against the same person (B)</p> Signup and view all the answers

<p>They verbalize task-relevant thoughts less and withdraw equally. (B)</p> Signup and view all the answers

<p>Dictators tend to behave more greedily when they feel anonymous. (C)</p> Signup and view all the answers

<p>It is often driven by a revenge motive rather than pure altruism. (D)</p> Signup and view all the answers

<p>It shows increased activity in pain-related brain areas for unfair partners. (A)</p> Signup and view all the answers

<p>Individualists (B)</p> Signup and view all the answers

<p>Contribute to the resource pool. (D)</p> Signup and view all the answers

<p>Tit for tat strategy. (B)</p> Signup and view all the answers

<p>Increases cooperation only if the opponent cooperated. (C)</p> Signup and view all the answers

<p>40% (A)</p> Signup and view all the answers

<p>It decreases the ability to cooperate. (A)</p> Signup and view all the answers

A situation where individuals are better off cooperating, but have an incentive to act selfishly for their own immediate gain.

A strategy in repeated games that involves cooperating on the first move and then mimicking the opponent's last move in subsequent rounds.

The tendency to focus on one's own interests and benefits, rather than considering the needs of others.

The process of understanding and experiencing the perspectives and emotions of others.

The ability to think critically, analyze information, and make complex decisions.

The tendency for people in some cultures to reject large gifts, as accepting them creates an obligation to reciprocate, which might be inconvenient.

A game involving two players where one player decides whether to share their money with the other, and the other player decides how much of the received money to return. This game tests trust and cooperation.

People are more likely to trust others who have established a positive reputation, demonstrating trustworthy behavior over time.

In repeated interactions between the same individuals, cooperation is more likely to occur compared to scenarios with different players each time.

A brain region associated with learning and reward, the caudate shows activity when responding to the actions of a partner in a trust game, suggesting a link between the partner's behavior and trust.

A principle of resource distribution based on the belief that individuals should receive resources proportionally to their contributions.

A social system where individuals are rewarded based on their performance and contributions, promoting merit over other factors.

A system in which time spent with a company or age is valued and rewarded, fostering stability and seniority.

A principle of resource distribution where resources are shared equally amongst all members of a group.

A principle of resource distribution where resources are directed towards those with the greatest need.

In games like the ultimatum game, where a proposer offers a split of money and the responder can accept or reject, the responder is less likely to reject an offer when they are under cognitive load. This suggests they are more likely to settle for an unfair share when they have less time and energy to consider the situation.

Fear of punishment for acting selfishly or fear of being a sucker (cooperating when others don't) can reduce cooperation in games like the prisoner's dilemma. This fear can lead to more generous offers from proposers, even when anonymity is guaranteed.

In the dictator game, where the responder has no power to reject the offer, proposers still tend to offer more than they would if they were purely self-interested. However, this generosity decreases significantly when participants are convinced that their actions are anonymous. This suggests that even in anonymity, people are motivated by factors other than pure self-interest.

In the ultimatum game, even though the responder cannot reject the offer and the proposer can take everything, a majority of proposers still offer a fair split. This suggests that people are not always driven by self-interest but are also influenced by fairness concerns.

People have different social values orientations. Prosocial individuals prioritize maximizing joint gain and equality, while individualists prioritize maximizing their own gains. This influences how they interact in games and situations involving shared resources or decision-making.