According to Information Provided in the Textbook, the Results of the "Ultimatum

question 61

Multiple Choice

According to information provided in the textbook, the results of the "ultimatum game" reveal that people

• A)always behave irrationally.
• B)tend to be more concerned with their relative income position in a group than with their absolute position in the group.
• C)tend to be more concerned with their absolute position in a group than with their relative position in the group.
• D)always behave rationally.

---

Definitions:

Formal Rationality

A concept in sociology and economics referring to the deliberate and methodical calculation of the most efficient means to achieve a given goal, irrespective of the objective's value or consequence.

Traditional Authority

A form of leadership where power is legitimized by heritage, cultural norms, and historical precedents rather than legal, rational, or electoral means.

Feudalism

A socio-economic system in medieval Europe where land was held by nobles in exchange for military service, and vassals were tenants of the nobles, while serfs worked the land.

Patrimonialism

A form of governance or organization where all power is held by a single ruler or authority, often based on traditional or familial ties.