Peggy and Marcy Are Playing an Ultimatum Game Where Peggy

question 5

Multiple Choice

Peggy and Marcy are playing an ultimatum game where Peggy is given $500 and asked to propose a way of splitting it with Marcy.When Marcy learns Peggy's proposal,Marcy chooses whether to accept or reject the split.If Marcy accepts the split,both players receive the money according to Peggy's split proposal.If Marcy rejects the split,both players receive nothing.This game will be played only once,so Peggy does not have to worry about reciprocity when making her choice.
Which of the following split proposals would Marcy be most likely to accept if she and Peggy were playing the game in an experimental session and both players adhered to bounded rationalism?

• A) Peggy receives $449.99 and Marcy receives $50.01.
• B) Peggy receives $499.99 and Marcy receives $0.01.
• C) Peggy receives $400.00 and Marcy receives $100.00.
• D) Peggy receives $350.00 and Marcy receives $150.00.
• E) Peggy receives $250.00 and Marcy receives $250.00.

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Definitions:

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing and coordinating information.

Serotonin Dysregulation

A condition wherein the levels, function, or balance of serotonin, a key neurotransmitter in the brain, are abnormal, potentially impacting mood, emotion, and behavior.

Amygdala Dysfunction

Abnormal functioning of the amygdala, a part of the brain involved in emotional processing, which can affect behavior, mood, and responses to stressful stimuli.

Gray Matter

A component of the central nervous system consisting of neuronal cell bodies, dendrites, and unmyelinated axons, crucial for processing information.