Study Notes
Dictator Game
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
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.
You might also like
Classroom Activity: The Oligopoly Game
2nd October 2012
What is Game Theory?
18th February 2015
China fines shipping firms for price fixing
28th December 2015
Analysis Diagram: Price Fixing in a Cartel
Topic Videos
Oligopoly: Why do Cartels often Collapse?
Topic Videos
What snowstorms tell us about economic behaviour
8th March 2018
Essay on Advertising and Economic Welfare
Exam Support
Behavioural Economics - Key Cognitive Biases
Topic Videos
Daily Email Updates
Subscribe to our daily digest and get the day’s content delivered fresh to your inbox every morning at 7am.
Signup for emails