In the ultimatum experiment, what are the usual outcomes? A) Proposer
In the ultimatum experiment, what are the usual outcomes?
A) Proposer proposes to give the minimum positive amount to the responder in all the rounds.
B) Proposer and responder are rational all the time.
C) Proposer proposes to give about 30~40% of total amount to the responders.
D) Proposer proposes to give 60~70% of total amount to the responders
ANSWER
C
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