subject
Mathematics, 08.05.2021 04:20 TJxx187

The ultimatum game is a popular research tool for studying topics such as fairness and altruism. The game itself is simple. Two players are told that they will be dividing up a sum of money. One player is designated as the proposer. Her job is to suggest a division of the sum. The second player is designated the responder, and he decides to either accept the proposed division (in which case the division stands and each player is paid accordingly) or to reject the proposed division, in which case both players get nothing. Part 1 (1 point) See Hint Consider an implementation of the ultimatum game in which the players divide up a pot of $60. To keep the analysis easier, you can assume that all divisions must occur in $1 increments. What is the rational, game-theoretic solution to this game?
A. The proposer suggests a 50/50 division (so each player would get $30), and the responder rejects.
B. The proposer suggests an uneven split favorable to herself (so the proposer would get $36, and the responder would get $24), and the responder accepts.
C. The proposer suggests an uneven split favorable to the other player (so the proposer would get $24, and the responder would get $36), and the responder accepts.
D. The proposer suggests close to an all/nothing split favorable to the other player (so the proposer would get $1, and the responder would get $59), and the responder rejects.
E. The proposer suggests an uneven split favorable to the other player (so the proposer would get $24, and the responder would get $36), and the responder rejects.
F. The proposer suggests close to an all/nothing split favorable to the other player (so the proposer would get $1, and the responder would get $59), and the responder accepts.
G. The proposer suggests an uneven split favorable to herself (so the proposer would get $36, and the responder would get $24), and the responder rejects.
H. The proposer suggests a 50/50 division (so each player would get $30), and the responder accepts.
I. The proposer suggests close to an all/nothing split favorable to herself (so the proposer would get $59, and the responder would get $1), and the responder accepts.
J. The proposer suggests close to an all/nothing split favorable to herself (so the proposer would get $59, and the responder would get $1), and the responder rejects.
Part 2 (1 point) See Hint When this game is played with real people, does the result typically match the game-theory prediction discussed in Part 1? yes no

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 20.06.2019 18:04
Tickets to an orchestra concert cost $25.50 apiece plus a & 2.50 handling fee for each order. if jamal spent $79 how many ticket did he purchase
Answers: 1
question
Mathematics, 21.06.2019 13:40
/is used for a fraction 1) if x = 2/3 and y = 3/4, what is the value of (x + y) (x/y) expressed as a common fraction? 2) what is the least positive integer greater than 1 that leaves a remainder of 1 when divided by each of 2, 3, 4, 5, 6, 7, 8, and 9? 3) the ponde family's powerjet pumps 420 gallons of water per hour. at this rate, how many gallons of water will it pump in 45 minutes? 4) kim's insurance company pays 80% of the cost of all prescription medication she purchases in a year beyond the first $250 worth of prescriptions. her prescriptions for this year cost a total of $570. how many dollars of this amounts will kim's insurance company pay?
Answers: 1
question
Mathematics, 21.06.2019 17:30
(least common multiples) the answer that i had in the 1st step was lcm of airline tickets sold=72. idk if that even matters but just in case. ! three co-workers are busy selling airline tickets over the phone. in an 8-hour day, charles can sell 8 airline tickets, ann can sell 9 airline tickets, and michelle can sell 6 airline tickets. step 2 of 2: what is the smallest number of 8-hour days needed for each of them to achieve the same number of sales? it takes charles . it takes . it takes .
Answers: 1
question
Mathematics, 21.06.2019 19:30
1. are the corresponding angles congruent 2. find the ratios of the corresponding sides 3. is triangle jkl congruent to triangle rst? if so what is the scale factor
Answers: 1
You know the right answer?
The ultimatum game is a popular research tool for studying topics such as fairness and altruism. The...
Questions
question
English, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Arts, 12.09.2020 01:01
question
English, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Social Studies, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Chemistry, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
question
Mathematics, 12.09.2020 01:01
Questions on the website: 13722363