In the Ultimatum Experiment,what Are the Usual Outcomes

question 41

Multiple Choice

In the ultimatum experiment,what are the usual outcomes?

• A)Proposer proposes to give the minimum positive amount to the responder in all the rounds.
• B)Proposer and responder are rational all the time.
• C)Proposer proposes to give about 30~40% of total amount to the responders.
• D)Proposer proposes to give 60~70% of total amount to the responders

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Definitions:

Fixed Costs

Costs that do not change with the level of production or sales activity within a certain range and period, such as rent, salaries, and insurance.

Cafeteria

A type of food service location within an institution where customers serve themselves from a variety of dishes made available.

Transfer Prices

Prices used for the sale or transfer of goods and services between departments or divisions within the same company.

Division X

A specific unit, department, or branch of a company, often referred to by a placeholder name "X" for confidentiality or naming purposes.