The “ultimatum game” is a classic game in behavioral economics. A simple version… One person proposes how to split a pot of ...
Dalton Cooper is the Managing Editor of Game Rant. Dalton has been writing about video games professionally since 2011. Having written thousands of game reviews and articles over the course of his ...
The famous Ultimatum Game dramatizes this situation (Güth et al., 1982). In its experimental form, this game neutralizes the usual real-world economic constraints. One person, the designated proposer, ...
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