Suppose That Derek Proposes a Split Such That Derek Will

question 83

Multiple Choice

Suppose that Derek proposes a split such that Derek will receive $489.99 and Heriberto will receive $10.01.Traditional economic theory predicts that Heriberto will

• A) accept the $10.01 because he values receiving $10.01 more than receiving nothing.
• B) accept the $10.01 because he wishes to punish Derek for proposing such an unfair split.
• C) reject the $10.01 because he wishes to punish Derek for proposing such an unfair split.
• D) reject the $10.01 and also will reject a split such that Derek receives $250 and Heriberto receives $250.
• E) sometimes accept the $10.01 and sometimes reject the $10.01,depending on his mood at the time.

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Definitions:

Matching Law

A principle that states the proportion of responses directed towards an option matches the proportion of reinforcements obtained from that option.

Schedules of Reinforcement

The rules or plans for determining when and how often reinforcements will be given to maintain a desired behavior.

Level of Reinforcement

The degree or intensity of reinforcement which influences the likelihood of a behavior being repeated.

Choice Behavior

The cognitive process involved in deciding between two or more alternatives.