This topic contains a solution. Click here to go to the answer

Author Question: Efficiency and Undesirable OutcomesYou are playing the Ultimatum Game as the Proposer. You must ... (Read 247 times)

lingual

  • Full Member
  • ***
  • Posts: 145
Efficiency and Undesirable Outcomes

You are playing the Ultimatum Game as the Proposer. You must decide how to split $45 and can only choose whole dollar amounts. You did some research and learned that Responders typically reject offers of 10 percent or less but accept offers of more than 10 percent. If your goal is to maximize your payoff, how much should you offer?
Please round your final answer to the nearest dollar.
◦ $0
◦ $5
◦ $4.5
◦ $45


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lingual on Nov 23, 2022

mamboz

  • Full Member
  • Posts: 170
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly




lingual

  • Member
  • Posts: 145
Reply 2 on: Nov 23, 2022
Wow, this really help


AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library