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Author Question: In an ultimatum bargaining situation, one party makes a single and final offeran ultimatumto ... (Read 22 times)

melina_rosy

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on: Jul 7, 2018
In an ultimatum bargaining situation, one party makes a single and final offeran
  ultimatumto another party. If the offer is refused, then neither party gets anything.
 
  According
  to economists, what is the ideal demand to make in an ultimatum game, in which you can make
  a single offer that would divide 100 between yourself and another player?
  A) 100 (self); 0 (other) B) 51 (self); 49 (other)
  C) 99.99 (self); .01 (other) D) 50 (self); 50 (other)

Question 2

It never hurts to be socially connected to someone the other party knows.
 
  Indicate whether the statement is true or false


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srodz

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Reply #1 on: Jul 7, 2018
Answer to Question 1

C

Answer to Question 2

False


melina_rosy

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Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

lindahyatt42

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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