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Which of the following statements best differentiates a profession and a professional?
Dictator Games
A type of experimental game in economics where one player, the "dictator," determines how to split an endowment between themselves and another player, the "recipient."
Ultimatum Games
Represent a scenario in economic experiments where one participant proposes a division of resources, and the other can accept or reject the offer, which, if rejected, leaves both with nothing.
Heuristics
The brain’s low-energy mental shortcuts for making decisions. They are “fast and frugal” and work well in most situations but in other situations result in systematic errors.
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