Results of the Ultimatum Game Indicate That Most People Value

question 162

True/False

Results of the ultimatum game indicate that most people value fairness enough that they will refuse to participate in a transaction they consider unfair, even if they are worse off financially as a result.

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Definitions:

Hammer

A tool used for hitting nails, breaking objects or shaping materials, typically consisting of a handle and a heavy metal head.

Startled

A sudden, involuntary reaction to surprise or fear.

Loud Noises

High volume sounds that can potentially harm hearing or cause hearing loss over prolonged exposure.

Age

The length of time that a person or thing has existed, often used as a factor in determining maturity, eligibility for services, or the like.