Suppose Justine and Sarah Are Playing the Ultimatum Game

question 40

Multiple Choice

Suppose Justine and Sarah are playing the ultimatum game. Justine is the proposer, has $200 to allocate, and Sarah can accept or reject the offer. Based on repeated experiments of the ultimatum game, what combination of payouts to Justine and Sarah is most likely to occur?

• A)$200 for Justine and $0 for Sarah
• B)$102 for Justine and $98 for Sarah
• C)$158 for Justine and $42 for Sarah
• D)$0 for Justine and $200 for Sarah

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Definitions:

Totalizations

The process or practice of making comprehensive or totalizing statements or theories, often criticized in postmodern thought for oversimplifying complex realities.

Bricoleur

A person who creates or constructs from a diverse range of available things; or, in Levi-Strauss's anthropology, someone who uses pre-existing tools or materials in new and creative ways.

Knowledge Available

Refers to information and insights that are accessible for use or understanding by individuals or groups.

Biopolitics

A form of politics focused on the management of life and populations through scientific and technological means.