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Scenario: Alex Puts $100 on the Table

question 182

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Scenario: Alex puts $100 on the table. Bob chooses either to take $51 for himself and $49 for Clare or pass. If Bob passes, then Alex adds another $2 and Clare chooses either to take $52 for herself and $50 for Bob or pass. If Clare passes, then Alex adds another $2 and Bob chooses either to take $53 for himself and $51 for Clare or pass, and so on. In other words, a player chooses either to take $2 more for himself/herself or pass, and, every time a player passes, Alex adds another $2. The game ends if $200 is on the table or either Bob or Clare chooses not to pass before that. If the amount on the table reached $200, then Bob and Clare get $99.99 each (Alex takes two pennies back) . The figure below shows the extensive form of this game. Bob's payoff is written first and Clare's second.
Scenario: Alex puts $100 on the table. Bob chooses either to take $51 for himself and $49 for Clare or pass. If Bob passes, then Alex adds another $2 and Clare chooses either to take $52 for herself and $50 for Bob or pass. If Clare passes, then Alex adds another $2 and Bob chooses either to take $53 for himself and $51 for Clare or pass, and so on. In other words, a player chooses either to take $2 more for himself/herself or pass, and, every time a player passes, Alex adds another $2. The game ends if $200 is on the table or either Bob or Clare chooses not to pass before that. If the amount on the table reached $200, then Bob and Clare get $99.99 each (Alex takes two pennies back) . The figure below shows the extensive form of this game. Bob's payoff is written first and Clare's second.    -Refer to the scenario above.If the game reached Bob's turn with $196 on the table,he should ________. A)  end the game B)  either pass or end the game C)  pass D)  neither pass nor end the game
-Refer to the scenario above.If the game reached Bob's turn with $196 on the table,he should ________.

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Definitions:

Personal Constructs

The mental frameworks and beliefs that individuals use to interpret events and understand the world around them.

Subconscious Thoughts

Ideas and feelings that are not in immediate awareness but can influence behavior and decision-making.

Repressed Emotions

Emotions that are unconsciously excluded from conscious thought or awareness, often due to their discomforting nature or conflict with one's self-image.

Cognitive Movement

Refers to changes or developments in an individual's mental processes, including learning, perception, and problem-solving.

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