Essay

Value of Cross-Cultural Economic Experiments

Economists have applied a simple bargaining scenario, known as the ultimatum game, in experiments with a wide range of participant groups, from university students in developed nations to farmers and hunter-gatherers in remote societies. Analyze why conducting this same standardized game across such culturally and economically diverse populations is a valuable method for investigating human economic decision-making. What can researchers learn from this comparative approach that they could not learn from studying only one type of group?

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Updated 2025-08-14

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Ch.4 Strategic interactions and social dilemmas - The Economy 2.0 Microeconomics @ CORE Econ

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