EUMAS Conference 2018 Conference Paper
Affective Decision-Making in Ultimatum Game: Responder Case
- Jitka Homolová
- Anastasija Cernecka
- Tatiana V. Guy
- Miroslav Kárný
Abstract The paper focuses on prescriptive affective decision making in Ultimatum Game (UG). It describes preliminary results on incorporating emotional aspects into normative decision making. One of the players (responder) is modelled via Markov decision process. The responder’s reward function is the weighted combination of two components: economic and emotional. The first component represents pure monetary profit while the second one reflects overall emotional state of the responder. The proposed model is tested on simulated data.