TY - JOUR
T1 - Heartbeat and economic decisions
T2 - Observing mental stress among proposers and responders in the ultimatum bargaining game
AU - Dulleck, Uwe
AU - Schaffner, Markus
AU - Torgler, Benno
N1 - Publisher Copyright:
© 2014 Dulleck et al.
PY - 2014/9/23
Y1 - 2014/9/23
N2 - The ultimatum bargaining game (UBG), a widely used method in experimental economics, clearly demonstrates that motives other than pure monetary reward play a role in human economic decision making. In this study, we explore the behaviour and physiological reactions of both responders and proposers in an ultimatum bargaining game using heart rate variability (HRV), a small and nonintrusive technology that allows observation of both sides of an interaction in a normal experimental economics laboratory environment. We find that low offers by a proposer cause signs of mental stress in both the proposer and the responder; that is, both exhibit high ratios of low to high frequency activity in the HRV spectrum.
AB - The ultimatum bargaining game (UBG), a widely used method in experimental economics, clearly demonstrates that motives other than pure monetary reward play a role in human economic decision making. In this study, we explore the behaviour and physiological reactions of both responders and proposers in an ultimatum bargaining game using heart rate variability (HRV), a small and nonintrusive technology that allows observation of both sides of an interaction in a normal experimental economics laboratory environment. We find that low offers by a proposer cause signs of mental stress in both the proposer and the responder; that is, both exhibit high ratios of low to high frequency activity in the HRV spectrum.
UR - http://www.scopus.com/inward/record.url?scp=84907457077&partnerID=8YFLogxK
U2 - 10.1371/journal.pone.0108218
DO - 10.1371/journal.pone.0108218
M3 - Article
C2 - 25247817
AN - SCOPUS:84907457077
SN - 1932-6203
VL - 9
SP - 1
EP - 9
JO - PLoS One
JF - PLoS One
IS - 9
M1 - e108218
ER -