Benoit Hardy-Vallée at Natural Rationality posted an article about how the Dictator Game may have come into play with Radiohead’s recent “It’s Up To You” pricing method.
From the article:
The situation is thus similar (but not exactly) to a Dictator Game: player A spits a “pie” between her and player B, but B accepts whatever A offers. Thus, contrarily to the Ultimatum Game, B’s decisions or reactions has no influence on A’s choice behavior. Radiohead fans were thus in a position similar to A’s position. If we make the assumption that they framed the situation as a purchasing one in which they choose how much of the CD price they want to split between them and the band, and given that a CD is typically priced £1o (roughly 20 U.S.$), then the fans are choosin how to split 10£ between them and Radiohead. Usually, experimental studies of the Dictator Games shows that 70% of the subjects (A) transfer some amount to Players B, and transfer an average of 24% of the initial endowment (Forsythe et al. (1994). Hence if these results can generalized to the “buy Radiohead album” game, it would suggest that about 70% of those who download the album would pay an average of £2.4 , while 30% would pay nothing.
Duane Hanson was born in 1925 in small city in Minnesota. He received his BA at Macalester College in Minnesota and his MFA at the Cranbrook Academy of Art in Michigan. As he was in school and later professing abroad, he began sculpting in an eerily real style. While teaching in Munich, Germany, he came into contact with the philosophy of the Post Expressionists. He would lated be considered to be a Verist, a movement of Post Expressionism who, as described by the art historian Gustav Friedrich Hartlaub, “… tear the objective form of the world of contemporary facts and represent current experience in its tempo and fevered temperature.” As such, his focus turned to creating accurate, surreal recreations of regular people. Duane Hanson died on January 6th, 1996.