DANCEST 805 Lecture Notes - Lecture 9: Temporoparietal Junction, Executive Functions, Dictator Game
Document Summary
A proposer has to offer some proportion of 10$ to a responder. Responder accepts responder gets the offered amount, proposer gets the rest. Behavioral game theory/psychological game theory: study how people actually behave in interactive situations. One cooperates, the other defects: the one that cooperates gets 10 years in prison, the other one 0. Nash equilibrium: combination of strategies that cannot be improved upon. Individuals are provided an endowment and given the opportunity to contribute some, all, or none of it to a pool of resources. After the contributions are made, the pool of resources is increased by some proportion and distributed equally to all participants. Evolutionary competition: overly nice strategies were preyed upon by nasty strategies. Tit for tat: begin with cooperating and copy following action froms the action of the other players. Prisoners dilemma: 37% cooperation when the action of the other person was not known, 16% cooperation when it was known that the other person cooperated.
