Experiments Show That When Real People Play the Ultimatum Game

question 270

Multiple Choice

Experiments show that when real people play the ultimatum game, starting with $100,

• A)Player A usually proposes giving Player B more than $50.
• B)Player B usually accepts Player A's proposal if Player A proposes giving Player B $30 or $40.
• C)players show themselves to be rational wealth-maximizers.
• D)Player B will usually demand an even split.

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Definitions:

Kyphosis

An exaggerated, forward rounding of the back, often seen in the upper back or thoracic spine, which can result from osteoporosis, spinal fractures, or other conditions.

Osteoporosis

Reduction in quantity of bone, resulting in porous bone.

Cervical Vertebra

Vertebrae located in the neck portion of the spine comprising the top part of the spinal column.

Thoracic Vertebrae

The set of twelve vertebrae located between the cervical vertebrae and the lumbar vertebrae that form the midsection of the vertebral column.