Grade Booster student workshops are back in cinemas for 2022. Learn more

Economics

Study Notes

Dictator Game

Level:
A Level
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

In the dictator game, the dictator gets to decide how much of an initial sum of money (say, £10) he/she would like to give to the second player.

Economic theory predicts that the dictator will always make the most self-interested choice. Behavioural experiments find that fully selfish behaviour is the exception rather than the rule, many behave altruistically.

Boston House,
214 High Street,
Boston Spa,
West Yorkshire,
LS23 6AD

Tel: +44 0844 800 0085

© 2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.