Examlex
Which exempt organizations are not required to file an annual Federal tax return?
Dictators/Proposers
Individuals who make unilateral decisions or offers in the context of economic models or experiments.
Dictator Game
An experimental game in behavioural economics where one player, the "dictator," determines how to split a reward between themselves and another player.
Ultimatum Game
A game in experimental economics where two players decide on how to divide a sum of money; one proposes a split, and the other player can accept or reject.
Invisible Hand
A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individuals pursuing their own interests unintentionally benefit society.
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