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

Author Question: How does the dictator game differ from the ultimatum game? a. The responder can dictate whether the ... (Read 113 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
How does the dictator game differ from the ultimatum game?
 a. The responder can dictate whether the offer is accepted or not.
 b. The responder has no choice but to accept the proposal.
 c. The experimenter takes over the proposer's role, inserting an offer designed to test a hypothesis.
 d. If the responder rejects, the proposer obtains the whole pie.

Question 2

When there is an Equilibrium (or a Nash Equilibrium), we expect that:
 a. once the firms get there, no one will change their strategy.
  b. firms will tend to select a randomized strategy.
  c. neither firm will care what it does.
  d. this is always a dominated strategy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SomethingSomething

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

b

Answer to Question 2

a




bobbysung

  • Member
  • Posts: 519
Reply 2 on: Jul 1, 2018
Wow, this really help


debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library