Exploring Trust and Risk during Online Bartering Interactions
Computer Science and Game Theory
2023-11-28 v1 Robotics
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.
Cite
@article{arxiv.2311.15505,
title = {Exploring Trust and Risk during Online Bartering Interactions},
author = {Kalyani Lakkanige and Lamar Cooley-Russ and Alan R. Wagner and Sarah Rajtmajer},
journal= {arXiv preprint arXiv:2311.15505},
year = {2023}
}
Comments
Paper accepted into Multittrust 2.0 @ HAI 2023 (https://multittrust.github.io/2ed/)