Suppose Gina and Henry Play Two Rounds of the Ultimatum

question 78

Multiple Choice

Suppose Gina and Henry play two rounds of the ultimatum game. In the first round they play for $10; in the second round they play for $1,000. In the first round Gina suggests an 80/20 split ($8 to Gina, $2 to Henry) , but Henry quickly rejects the offer as unfair. Assuming Gina is interested in gaining financially from the experience and that she understands behavioral economics, we would expect her to

• A)offer the same relative split ($800/$200), knowing that Henry will accept the offer because the dollar amount he would forgo by rejecting it is substantial.
• B)offer a more unequal split ($900/$100)in order to gain more for herself and figuring Henry will accept the split because $100 is better than nothing.
• C)offer a more equal split ($700/$300)to increase the probability that Henry will accept the offer.
• D)offer Henry more than half of the pot to ensure acceptance of the offer.

Differentiate among various types of vascular and heart diseases.

Understand the phases of the human sexual response cycle according to Masters and Johnson.

Recognize common misconceptions about human sexuality and identify evidence-based conclusions from sexuality research.

Distinguish between different aspects and determinants of subjective well-being.

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Definitions:

Public Opinion

The collective attitudes, beliefs, or views of the adult population regarding issues or subjects of public interest.

Agents of Political Socialization

Individuals, institutions, and experiences that contribute to and influence the political beliefs and values of individuals, such as family, schools, and media.

Populism

A political approach that strives to appeal to ordinary people who feel that their concerns are disregarded by established elite groups.

Communitarianism

A social philosophy emphasizing the importance of community in the functioning of political life, often valuing community goals over individual ones.