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Description
The dictator game is a popular experimental instrument in social psychology and economics, a derivative of the ultimatum game. The term "game" is a misnomer because it captures a decision by a single player: to send money to another or not. Thus, the dictator has the most power and holds the preferred position in this “game.” Although the “dictator” has the most power and presents a take it or leave it offer, the game has mixed results based on different behavioral attributes. The results – where most "dictators" choose to send money – evidence the role of fairness and norms in economic behavior, and undermine the assumption of narrow self-interest when given the opportunity to maximise one's own profits.
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Fairness
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Cooperation
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Power
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Politics
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Inequality
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Economics
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Choice
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Economicjustice
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Economicinequality
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Economicpolicy
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Wealthredistribution
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Economicempowerment
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Incomeequality
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Povertyreduction
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Egalitarian
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Socialcapital
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