ChatterBank9 mins ago
Hypothetical Question For My Econ Class
6 Answers
Suppose we find $50 and you pick it up. I ask for $45 of the $50. If you're okay with that, you keep the $5, and if you're not, I'll take all $50 and throw it away. Do you accept my offer?
Answers
Best Answer
No best answer has yet been selected by jessjones19899. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.This is a variation on the Ultimatum Game.
https:/ /en.wik ipedia. org/wik i/Ultim atum_ga me
I would use the terms/circumstances used in here rather than those in your example
https:/
I would use the terms/circumstances used in here rather than those in your example
see here too
https:/ /en.wik ipedia. org/wik i/Fair_ divisio n_exper iments
See the Lab experiments section
https:/
See the Lab experiments section