Date: July 18, 2011
Creator: Tam, Nicoladie D.
Description: This article accompanies a poster presentation on contributing factors in judgement of fairness by monetary value. Given that the authors have developed for emotional response (Emotional-Gain Model) and a model for fairness (Fairness-Equity Model) that quantified emotional bias and fairness bias, the authors will use these models to reveal the hidden factors contributing to the emotional bias and fairness bias. Using the Ultimatum Game (UG) with human subjects to split a sum of money, the authors compare the responses between sharing $10 vs. $10 million.
Contributing Partner: UNT College of Arts and Sciences