Abstract
This paper investigates how risk influences the way people barter. We used Minecraft to create an experimental environment in which people bartered to earn a monetary bonus. Our findings reveal that subjects exhibit risk-aversion to competitive bartering environments and deliberate over their trades longer when compared to cooperative environments. These initial experiments lay groundwork for development of agents capable of strategically trading with human counterparts in different environments.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 19-26 |
| Number of pages | 8 |
| Journal | CEUR Workshop Proceedings |
| Volume | 3634 |
| State | Published - 2024 |
| Event | 2nd International Workshop on Multidisciplinary Perspectives on Human-AI Team Trust, MULTITTRUST 2023 - Gothenburg, Sweden Duration: Dec 4 2023 → Dec 7 2023 |
All Science Journal Classification (ASJC) codes
- General Computer Science