Eli and Peyton Are Playing the Ultimatum Game,starting with $100

question 278

Multiple Choice

Eli and Peyton are playing the ultimatum game,starting with $100.The coin flip results in Eli being the one to propose a division of the $100.If Eli acts as economic theory assumes,he should propose that

• A) he gets $30 and Peyton gets $70.
• B) he gets $50 and Peyton gets $50.
• C) he gets $60 and Peyton gets $40.
• D) he gets $99 and Peyton gets $1.

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Definitions:

Behaviour Modification

The use of empirically demonstrated behavior change techniques to improve behavior, such as altering an individual's behaviors and reactions to stimuli through positive and negative reinforcement.

Reinforcement

In psychology, a concept where a behavior is encouraged or strengthened by a consequence that follows it.

Modelling

The process of demonstrating a particular behavior or skill that others are expected to learn or emulate.

Mimicking

The act of imitating or copying the behavior, actions, or traits of others, often as a learning method or strategy for adaptation.