Affective Decision-Making in Ultimatum Game: Responder Case

摘要

The paper focuses on prescriptive affective decision making in Ultimatum Game (UG). It describes preliminary results on incorporating emotional aspects into normative decision making. One of the players (responder) is modelled via Markov decision process. The respon-der's reward function is the we-ighted combination of two components: economic and emotional. The first component represents pure monetary profit while the second one reflects overall emotional state of the responder. The proposed model is tested on simulated data.