The trust game extends the dictator game one step by having the reward that the dictator can (unilaterally) split between himself and a partner partially decided by an initial gift from that partner. The initial move is from the dictator's partner, who must decide how much of his or her initial endowment to trust with him (in the hopes of receiving some of it back). Normally, he is encouraged to give something to the dictator through a specification in the game's rules that their endowment will be increased by a factor from the researchers. The experiments rarely end in the subgame perfect Nash equilibrium of "no trust". In fact, a recent pair of studies of identical and fraternal twins in the USA and Sweden suggests that behavior in this game is heritable.
Read more about this topic: Dictator Game
Famous quotes containing the words trust and/or game:
“Seize the day [Carpe diem]: trust not to the morrow.”
—Horace [Quintus Horatius Flaccus] (65–8 B.C.)
“Art is a concrete and personal and rather childish thing after all—no matter what people do to graft it into science and make it sociological and psychological; it is no good at all unless it is let alone to be itself—a game of make-believe, or re-production, very exciting and delightful to people who have an ear for it or an eye for it.”
—Willa Cather (1873–1947)