The Results of the Ultimatum Game Illustrate the Fact That

question 350

Multiple Choice

The results of the ultimatum game illustrate the fact that

• A) people's behavior is often driven by an innate sense of fairness.
• B) homo economicus is a good description of people's behavior.
• C) self-interest brings out the most efficient economic outcome.
• D) Both b and c are correct.

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Definitions:

Collective Unconscious

A concept introduced by Carl Jung that describes a segment of the unconscious mind formed from inherited memories and experiences, shared universally among humans.

Individual Psychology

A psychological framework which emphasizes understanding the uniqueness of each individual and how they strive for success and cope with feelings of inferiority.

Indivisible Whole

A concept referring to something that cannot be divided into smaller parts without losing its essential nature or function.

Treats Each Person

An approach or policy of individualized consideration and interaction, acknowledging the unique nature of each person.