Werner Güth

Werner Güth (born 2 February 1944) is a German economist who, together with Rolf Schmittberger and Bernd Schwarze, first described the ultimatum game.[1] He is currently Emeritus Director at the Max Planck Institute for Research on Collective Goods.[2]

Werner Güth
Born (1944-02-02) 2 February 1944
NationalityGermany
InstitutionMax Planck Institute for Research on Collective Goods (2015-present)
Max Planck Institute of Economics (2001-2014)
Humboldt University of Berlin (1994-2001)
Goethe University Frankfurt (1986-1994)
University of Cologne (1977-1986)
FieldExperimental economics, Game theory, Decision theory, Behavioral economics
Alma mater
ContributionsUltimatum game
Information at IDEAS / RePEc

Biography

Güth was born on 2 February 1944 in Rudolstadt, Thuringia, German Reich. He obtained his MA in Economics and PhD from the University of Münster in 1970 and 1972, respectively, and completed his habilitation in 1976. He worked as Professor in Economic Theory at the University of Cologne from 1977 to 1986, the Goethe University Frankfurt from 1986 to 1994 and the Humboldt University of Berlin from 1994 to 2001 before becoming Director and Scientific Member of the Max Planck Institute of Economics from 2001 to 2014 and an Emeritus Director at the Max Planck Institute for Research on Collective Goods. Güth has also been Honorary Professor of Economics at the University of Jena since 2002 and received honorary doctorates from the University of Tübingen and the University of Karlsruhe in 2010.[3][2]

His research interests include experimental economics, game theory, decision theory and behavioral economics.[2]

Selected publications
  • Güth, W.; Schmittberger, R. & B. Schwarze (1982). "An Experimental Analysis of Ultimatum Bargaining". Journal of Economic Behavior and Organization, 3, pp. 367-388.
  • Güth, W. & M. Yaari (1992). "An Evolutionary Approach to Explain Reciprocal Behavior in a Simple Strategic Game". In U. Witt. Explaining Process and Change – Approaches to Evolutionary Economics. Ann Arbor. pp. 23–34.
  • Güth, W. & H. Kliemt (2000). "Evolutionarily Stable Co-operative Commitments". Theory and Decision, 49 (3), pp. 197-221.

Publications about Güth
  • van Damme, E.; Binmore, K. G.; Roth, A. E.; Samuelson, L.; Winter, E.; Bolton, G. E.; Ockenfels, A.; Dufwenberg, M.; Kirchsteiger, G.; Gneezy, U.; Kocher, M. G.; Sutter, M.; Sanfey, A. G.; Kliemt, H.; Selten, R.; Nagel, R. & O. H. Azar (2014). "How Werner Güth's ultimatum game shaped our understanding of social behavior". Journal of Economic Behavior and Organization, 108, pp. 292-318.
gollark: Thus, unconscious bias fixed?
gollark: See, people complain about unconscious bias a lot. So I thought "well, ignoring all the issues about consciousness in software or whatever, surely it would be better if it didn't have this". And the "conscious" well-documented bias outweighs any possible *un*conscious bias loads!
gollark: Well, if I was being really clever, I would CLAIM to remove the autobias code, document it as unbiased, and make it appear unbiased, *but* have a mode where it enables bias *only* when asking for one randomly picked item.
gollark: What about it?
gollark: Other bots might be biased and NOT tell you.

See also

References
  1. Güth, W.; Schmittberger, R. & B. Schwarze (1982). "An Experimental Analysis of Ultimatum Bargaining". Journal of Economic Behavior and Organization, 3, pp. 367-388.
  2. Prof. em. Dr. Werner Güth. Max Planck Institute for Research on Collective Goods.
  3. Prof. Dr. Werner Güth Curriculum Vitae. Max Planck Society.
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