Literature DB >> 25105951

Dynamic adjustments of cognitive control during economic decision making.

Alexander Soutschek1, Torsten Schubert2.   

Abstract

Decision making in the Ultimatum game requires the resolution of conflicts between economic self-interest and fairness intuitions. Since cognitive control processes play an important role in conflict resolution, the present study examined how control processes that are triggered by conflicts between fairness and self-interest in unfair offers affect subsequent decisions in the Ultimatum game. Our results revealed that more unfair offers were accepted following previously unfair, compared to previously fair offers. Interestingly, the magnitude of this conflict adaptation effect correlated with the individual subjects' focus on economic self-interest. We concluded that conflicts between fairness and self-interest trigger cognitive control processes, which reinforce the focus on the current task goal.
Copyright © 2014 Elsevier B.V. All rights reserved.

Entities:  

Keywords:  Conflict adaptation; Conflict processing; Fairness; Ultimatum game

Mesh:

Year:  2014        PMID: 25105951     DOI: 10.1016/j.actpsy.2014.07.011

Source DB:  PubMed          Journal:  Acta Psychol (Amst)        ISSN: 0001-6918


  2 in total

1.  The Importance of the Lateral Prefrontal Cortex for Strategic Decision Making in the Prisoner's Dilemma.

Authors:  Alexander Soutschek; Marian Sauter; Torsten Schubert
Journal:  Cogn Affect Behav Neurosci       Date:  2015-12       Impact factor: 3.282

2.  The importance of working memory updating in the Prisoner's dilemma.

Authors:  Alexander Soutschek; Torsten Schubert
Journal:  Psychol Res       Date:  2015-02-18
  2 in total

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