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{
    "pk": 30132,
    "title": "A Resource-Rational Process Model of Fairness in the Ultimatum Game",
    "subtitle": null,
    "abstract": "Widely regarded as the cornerstone of justice (Rawls, 1971),fairness constitutes one of the pillars of human morality. TheUltimatum Game (UG), extensively studied in behavioral eco-nomics, is the canonical task for studying fairness. In sharpcontrast to the predictions of normative standards in game the-ory, people typically reject low offers in UG. In this work,we present the first resource-rational process model of UG.Concretely, by taking into account people’s expectations, weshow that Nobandegani et al.’s (2018) resource-rational pro-cess model, sample-based expected-utility, provides a unifiedaccount of several experimental findings in UG, namely, theeffects of expectation, competition, and time pressure. Assum-ing that expectation serves as a reference point for subjectivevaluation of an offer, we show that the rejection of low offers inUG can arise from purely self-interested expected-utility max-imization. We conclude by discussing the implication of ourwork for moral decision-making and, more broadly, human ra-tionality.",
    "language": "eng",
    "license": {
        "name": "",
        "short_name": "",
        "text": null,
        "url": ""
    },
    "keywords": [
        {
            "word": "Ultimatum game; moral decision-making; fair-ness; rational process models"
        }
    ],
    "section": "Papers accepted as Talks, appearing in proceedings only",
    "is_remote": true,
    "remote_url": "https://escholarship.org/uc/item/7wg1g11r",
    "frozenauthors": [
        {
            "first_name": "Ardavan",
            "middle_name": "S.",
            "last_name": "Nobandegani",
            "name_suffix": "",
            "institution": "McGill University",
            "department": ""
        },
        {
            "first_name": "Constance",
            "middle_name": "",
            "last_name": "Destais",
            "name_suffix": "",
            "institution": "University College London",
            "department": ""
        },
        {
            "first_name": "Thomas",
            "middle_name": "R.",
            "last_name": "Shultz",
            "name_suffix": "",
            "institution": "McGill University",
            "department": ""
        }
    ],
    "date_submitted": null,
    "date_accepted": null,
    "date_published": "2020-01-01T18:00:00Z",
    "render_galley": null,
    "galleys": [
        {
            "label": "PDF",
            "type": "pdf",
            "path": "https://journalpub.escholarship.org/cognitivesciencesociety/article/30132/galley/19986/download/"
        }
    ]
}