In the Ultimatum Game, Two Strangers Are Given $50 and Must

question 59

Multiple Choice

In the ultimatum game, two strangers are given $50 and must decide how to split the money between them. One player, called the proposer, makes the initial decision on how to split the money. The second player, called the responder, either accepts or rejects the proposer's offer. If the responder accepts the offer, both players are paid according to the proposer's offer. If the responder rejects the offer, neither player receives any money. Suppose the proposer acts in an altruistic manner. The proposer would offer ____ to the responder and the responder would ____ the offer.

• A) $1; accept
• B) more than $1; accept
• C) more than $1; reject
• D) $1; reject

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Definitions:

Sylvester Graham

A 19th-century dietary reformer known for advocating vegetarianism, whole wheat flour, and the invention of the Graham cracker as part of a healthy diet.

Health Reform

Efforts and policies aimed at improving the healthcare system, including access, quality, and affordability of healthcare services.

Vegetarianism

A dietary lifestyle that excludes meat, and sometimes other animal products, for health, ethical, or environmental reasons.

American Anti-Slavery Society

An abolitionist society founded in 1833 that advocated for the immediate and unconditional abolition of slavery in the United States.