Seminar: Theoretical Models of Decision Making in Ultimatum Game

Date: 11:15, 1 August 2016

Venue: F.17. Colin Maclaurin Building, Heriot-Watt University

Title: Theoretical Models of Decision Making in Ultimatum Game

Speaker: Tatiana V. Guy, Head of Department of Adaptive Systems, Institute Information Theory and Automation, Czech Academy of Sciences, Prague

Abstract: Decision-making (DM) is considered the most essential phase in a human volitional act and according to traditional economic models humans could be replaced by “rational agents”. Predictions implied by this are well seen on the considered Ultimatum Game (UG).

In a short informal talk I will discuss i) fairness aspects as the cause of the deviations from the predicted game-theoretical behaviour in UG responder’s behaviour and ii) how the impact of limited deliberation effort allocated by human-responder can be modelled in multi-proposer UG.

Bio: Tatiana V. Guy is Head of Department of Adaptive Systems, Institute Information Theory and Automation, Czech Academy of Sciences, Prague.

Research interests include conceptual, theoretical and algorithmic aspects of multiple-participant decision-making (DM) problem in complex dynamic and uncertain environment; descriptive DM under uncertainty; nature-inspired patterns of cooperation.

Degrees: Dipl. Eng.- Polytechnic Institute, Kiev, USSR, 1991;

Ph.D. – Faculty of Electrical Engineering, Czech Technical University, Prague, 1999.