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:
“And consequently when wee Believe that the Scriptures are the word of God, having no immediate revelation from God himself, our Belief, Faith, and Trust is in the Church; whose words we take, and acquiesce therein.”
—Thomas Hobbes (1579–1688)
“Intelligence and war are games, perhaps the only meaningful games left. If any player becomes too proficient, the game is threatened with termination.”
—William Burroughs (b. 1914)