Results of the Ultimatum Game

question 62

Multiple Choice

Results of the ultimatum game

• A)affirm the metaphor of the invisible hand.
• B)contradict the metaphor of the invisible hand.
• C)demonstrate that markets are generally inefficient.
• D)suggest that governments are unnecessary.

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Definitions:

Regular Schedule

A consistent and predictable plan or timetable for activities or tasks.

Thomas and Chess

Psychologists known for their research in child development, particularly in temperament studies.

Social and Cultural Interactions

Exchanges between individuals or groups that are influenced by and contribute to the norms, values, and practices of a society or culture.

Vygotsky

A developmental psychologist known for his theory on social development and the concept of the Zone of Proximal Development, which emphasizes the role of social interaction in cognitive development.