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Consider the Accompanying Decision Tree and Information to Answer the Questions

question 108

Multiple Choice

Consider the accompanying decision tree and information to answer the questions that follow.
The decision tree depicts two players (Jane and Aaron) playing an ultimatum game where Aaron is given $1,000 and asked to propose a way of splitting it with Jane. When Jane learns Aaron's proposal, Jane chooses whether to accept or reject the split. If Jane accepts the split, both players receive the money according to Aaron's split proposal. If Jane rejects the split, both players receive nothing. This game will be played only once, so Aaron does not have to worry about reciprocity when making his choice.
There are four sets of payoffs at the terminal nodes of the decision tree. In each node, the dollar amount to the left of the comma represents Aaron's payoff, and the dollar amount to the right of the comma represents Jane's payoff.
Consider the accompanying decision tree and information to answer the questions that follow. The decision tree depicts two players (Jane and Aaron)  playing an ultimatum game where Aaron is given $1,000 and asked to propose a way of splitting it with Jane. When Jane learns Aaron's proposal, Jane chooses whether to accept or reject the split. If Jane accepts the split, both players receive the money according to Aaron's split proposal. If Jane rejects the split, both players receive nothing. This game will be played only once, so Aaron does not have to worry about reciprocity when making his choice. There are four sets of payoffs at the terminal nodes of the decision tree. In each node, the dollar amount to the left of the comma represents Aaron's payoff, and the dollar amount to the right of the comma represents Jane's payoff.    -If Aaron could be 100% certain that Jane was rational,did not care about fairness,and always made decisions to maximize her payoff regardless of the situation in which she might find herself,Aaron would likely offer a(n) ________ proposal and ultimately receive a payoff of ________. A)  unfair; $500 B)  unfair; $999 C)  unfair; $0 D)  fair; $500 E)  fair; $0
-If Aaron could be 100% certain that Jane was rational,did not care about fairness,and always made decisions to maximize her payoff regardless of the situation in which she might find herself,Aaron would likely offer a(n) ________ proposal and ultimately receive a payoff of ________.


Definitions:

Securely Attached

Refers to an attachment style in which individuals feel confident and comfortable with intimacy and independence in relationships.

Normal Grief

A natural response to loss, encompassing a range of feelings from sadness to anger, which typically follows a predictable pattern over time.

Childhood

The period of life from birth until adolescence, characterized by growth, development, and learning.

Deep Sorrow

A profound feeling of sadness, typically brought on by a significant loss or tragedy.

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