Experiments Based on the "Ultimatum Game" Indicate That People Are

question 37

Multiple Choice

Experiments based on the "ultimatum game" indicate that people are generally:

• A) rational because they will take any amount offered to avoid the possibility of losing money.
• B) willing to pay money (reduce their income) to enforce their own sense of fairness.
• C) not interested in utility.
• D) irrational because they reject every offer.

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