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Study Notes

Dictator Game

A Level
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.

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