ICPS

2019 International Convention of Psychological Science · 2019

The Neural Mechanisms of Learning to Balance Fairness and Self-Interest: A Reinforcement Learning Account

Paris, France · March 2019

Posters · Behavioral Economics

  • Michael Giffin
    Leiden University
  • Mael Lebreton
    University of Geneva
  • Jörg Gross
    Leiden University
  • Andrea Fariña
    Leiden University
  • Carsten De Dreu
    Leiden University

Abstract

Using a computational modeling approach applying reinforcement learning to Ultimatum Bargaining we found that individuals learn faster and earn more wages when playing against computer generated lotteries than when playing against human responders with identical response patterns. This suggests that learning to trade efficiently is hindered by fairness norms.

Social Cognition

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