The ultimatum game is a popular research tool for studying topics such as fairness and altruism. The game itself is simple. Two players are told that they will be dividing up a sum of money. One player is designated as the proposer. Her job is to suggest a division of the sum. The second player is designated the responder, and he decides to either accept the proposed division (in which case the division stands and each player is paid accordingly) or to reject the proposed division, in which case both players get nothing.
Part 1 (1 point) See Hint Consider an implementation of the ultimatum game in which the players divide up a pot of $60. To keep the analysis easier, you can assume that all divisions must occur in $1 increments. What is the rational, game-theoretic solution to this game?
A. The proposer suggests a 50/50 division (so each player would get $30), and the responder rejects.
B. The proposer suggests an uneven split favorable to herself (so the proposer would get $36, and the responder would get $24), and the responder accepts.
C. The proposer suggests an uneven split favorable to the other player (so the proposer would get $24, and the responder would get $36), and the responder accepts.
D. The proposer suggests close to an all/nothing split favorable to the other player (so the proposer would get $1, and the responder would get $59), and the responder rejects.
E. The proposer suggests an uneven split favorable to the other player (so the proposer would get $24, and the responder would get $36), and the responder rejects.
F. The proposer suggests close to an all/nothing split favorable to the other player (so the proposer would get $1, and the responder would get $59), and the responder accepts.
G. The proposer suggests an uneven split favorable to herself (so the proposer would get $36, and the responder would get $24), and the responder rejects.
H. The proposer suggests a 50/50 division (so each player would get $30), and the responder accepts.
I. The proposer suggests close to an all/nothing split favorable to herself (so the proposer would get $59, and the responder would get $1), and the responder accepts.
J. The proposer suggests close to an all/nothing split favorable to herself (so the proposer would get $59, and the responder would get $1), and the responder rejects.
Part 2 (1 point) See Hint When this game is played with real people, does the result typically match the game-theory prediction discussed in Part 1? yes no

Answers

Answer 1

Answer:

1. The rational, game-theoretic solution to this game is:

H. The proposer suggests a 50/50 division (so each player would get $30), and the responder accepts.

2.  No. When this game is played with real people, the result does not typically match the game-theory prediction discussed in Part 1.

Step-by-step explanation:

Players in a game respond with different strategies, which are usually unknown to the second player.  While people are expected to act rationally, most times, they do not.  They are propelled by different rationality and preferences.  Therefore, players' game strategies are unpredictable.


Related Questions

Adrian bought a jacket that costs 11 dollars and a scarf that costs 15 dollars. At the counter, he received a discount. If he only paid 22 dollars total, how many dollars was the discount?

Answers

There was 4 dollar of discount on the total amount.

What is the unitary method?

The unitary method is a method for solving a problem by the first value of a single unit and then finding the value by multiplying the single value. Unitary method is a technique by which we find the value of a single unit from the value of multiple devices and the value of more than one unit from the value of a single unit. It is a method that we use for most of the calculations in math.

We are given that Adrian bought a jacket that costs 11 dollars and a scarf that costs 15 dollars.

At the counter, he received a discount. If he only paid 22 dollars total, then

Total cost 11 + 15 = 26

But 26 - 22 = 4

Therefore, the discount was 4 dollar.

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can anyone help me with this click to see

Answers

Answer:

-3,-5,-6,-10

Step-by-step explanation:

Answer:

-3 -5 -6 -10

Step-by-step explanation:

Consider the inequality x > - 1.5. determine whether each value of x makes this inequality true

Answers

9514 1404 393

Answer:

  no, yes, yes, no, yes

Step-by-step explanation:

You're looking for values greater than -1.5. All positive numbers will be greater than any negative number.

The two negative numbers among the answer choices are both to the left of -1.5 on the number line. They are less than -1.5, so are not greater than -1.5.

The negative numbers are No; the positive numbers are Yes.

Julia's Burger Place made 3 burgers with onions and 12 burgers without onions. What is the ratio of the number of burgers without onions to the number of burgers with onions?

Answers

The ratio of number of burgers without onions to the number of burgers with onions is 4:1.

Ratio of numbers.

The ratio of numbers implies the relationship between the numbers when expressed in its simplest fraction. The relationship can be written in form of a/ b or a:b.

Given in the question that Julia's Burger Place made 3 burgers with onions and 12 burgers without onions. Then the ratio required can be expressed as;

ratio of number of burgers without onions to burgers with onions = (number of burgers without onions)/ (number of burgers with onions)

                = 12/ 3

                = 4/ 1

The ratio of number of burgers without onions to burgers with onions = 4:1

Therefore, the ratio of the number of burgers without onions to the number of burgers with onions is 4:1.

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Each scoop radius (center to surface) is 3 cm long. What should be the capacity (volume) of the cylindrical container the shop pack the ice cream to take out? *

Answers

Answer:

[tex]28.26h\ cm^3[/tex]

Step-by-step explanation:

The radius of the cylinder, r = 3 cm

We need to find the volume of the cylindrical container the shop pack the ice cream to take out.

The volume of a cylinder is given by :

[tex]V=\pi r^2 h\\\\=3.14\times 3^2h\\\\=28.26h\ cm^3[/tex]

So, the volume of the cylindrical container is [tex]28.26h\ cm^3[/tex].

please help will give brainliest

Answers

Answer:

2112

Step-by-step explanation:

we find the area of the base first

which is 16*12/2 because it is a right triangle

16*12/2 = 96

then we multiply the base by the height

22*96 = 2112

as a note, remember, prism volume is all base * height

brainliest if this was helpful

A store is having a sale on chocolate chips and walnuts. For 4 pounds of chocolate chips and 8 pounds of walnuts, the total cost is $33. For 2 pounds of chocolate chips and 3 pounds of walnuts, the total cost is $13.
Find the cost for each pound of chocolate chips and each pound of walnuts.

Answers

Answer:

chocolate chip 7

walnuts 3.5

Step-by-step explanation:

assume x=chocolate chips

 y=walnuts.

equation

4x + 8y=33

(2x+3y=13)×2

new eq

4x + 8y=33

4x + 6y=26

------------------

 2y=7

  y=7/2

4x+ 8y = 33

4x + 8(7/2)= 333

4x= 33-28

x=7.00

The difference between six and a number is two​

Answers

Answer:

4.

Step-by-step explanation:

the difference means -.

between a number means use a variable (x) to substitute. so now you have the difference between x and 6 is to. is just means equals so you would set it up like this 6-x=2. you can make this easier by just asking yourself. what number plus 2 equals six? the answer would be 4. 4+2=6-->6-4=2.

A bakery sold a total of 500 cupcakes in a day, and 360 of them were mocha flavored.
What percentage of cupcakes sold that day were mocha flavored?

Answers

Answer:

72%

Hope this Helps! :)

Answer:

72%

Step-by-step explanation:

360. X

500. 100

you times 360 with 100= 36,000 then u divide by 500= 72%

Sound waves can be ranked by their intensity, I, given in this formula, where r is the distance from the source of a sound with a power output of P.

[tex]P = 4xr^{2} .[/tex]

Which equation correctly rewrites the formula to solve for I?

A. [tex]I = \frac{P}{4xr^{2} }[/tex]
B. [tex]I = \frac{Pxr^{2} }{4}[/tex]
C. [tex]I = 4Pxr^{2}[/tex]
D. [tex]I = \frac{4P}{xr^{2} }[/tex]

Answers

Answer: C correctly rewrites the formula to solve I

Step-by-step explanation:

A spinner is divided into five colored sections that are not of equal size: red, blue,
green, yellow, and purple. The spinner is spun several times, and the results are
recorded below:
Spinner Results
Color Frequency
Red
12
Blue
17
Green 17
Yellow 12
Purple 17
If the spinner is spun 500 more times, about how many times would you expect to
land on blue? Round your answer to the nearest whole number,

Answers

It would land on blue about 115 times. The spinner lands on blue roughly 23% of the time, and 115 is 23% of 500.


a
=
8.7
rounded to 1 DP
b
=
0.82
rounded to 2 DP
Find the maximum of
a
+
b

Answers

The maximum value considering DP of a and b is 9.52.

What is the decimal places of numbers?

The decimal places of a number are the number of digits to be considered after the decimal point. E.g Round 4.7583 to 2 dp, we have;

4.76 3 dp

The maximum value of a sum of numbers is the highest value obtained when these numbers are added one to each other. The decimal places of each number is put into consideration in the process.

From the given question;

a = 8.7 and b = 0.82

Thus,

a + b = 8.7 + 0.82

        = 9.52

a + b = 9.52

Therefore, the maximum of a + b = 9.52

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Use the drawing tools to form the correct answer on the graph.
Plot function g on the graph.

Answers

On solving the provided question, we cans ay that - in given inequality equation to -7 < x < -2; -2 < x < 3

What is inequality?

A connection between two expressions or values that is not equal in mathematics is referred to as an inequality. Inequality results from an imbalance, thus. In mathematics, an inequality establishes the relationship between two values that are not equal. Egality is not the same as inequality. Use the not equal symbol () in most cases when two values are not equal. To contrast values, whether they are tiny or huge, different inequalities are employed. By adjusting both sides until just the variables are left, you may eliminate many straightforward inequalities. However, several factors cause inequality: Divide or add negative values on both sides. Switch the left and right.

-7 < x < -2

-2 < x < 3

and 3 > x > 8

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50 POINTS !!


PLEASE HELP !! ILL GIVE BRAINLIEST TO THE RIGHT ANSWERS.

Answers

Answer:

a=18.7 or 19 rounded up

Step-by-step explanation:

Use Pythagoras Thereom

a^2=8^2+17^2

a^2=64+289

a^2=353

√353

a=18

Answer:

The length of missing leg is 15 cm.

This circle is centered at the origin, and the length of its radius is 4. What is
the circle's equation?
5+
4
-5
5
-5-
A. x2 + y2 =16
B. x + y = 4
C. X6 + y = 4
D. x2 + y2 = 4

Answers

I had the same problem

A. x2+y2=16 I just did this question.

Help please will mark brainliest!

Answers

Answer:

Option B. Cosec θ = –5/3

Option C. Cot θ = 4/3

Option D. Cos θ = –4/5

Step-by-step explanation:

From the question given above, the following data were obtained:

Tan θ = 3/4

θ is in 3rd quadrant

Recall

Tan θ = Opposite / Adjacent

Tan θ = 3/4 = Opposite / Adjacent

Thus,

Opposite = 3

Adjacent = 4

Next, we shall determine the Hypothenus. This can be obtained as follow:

Opposite = 3

Adjacent = 4

Hypothenus =?

Hypo² = Opp² + Adj²

Hypo² = 3² + 4²

Hypo² = 9 + 16

Hypo² = 25

Take the square root of both side

Hypo = √25

Hypothenus = 5

Recall:

In the 3rd quadant, only Tan is positive.

Therefore,

Hypothenus = –5

Finally, we shall determine Sine θ, Cos θ, Cot θ and Cosec θ to determine which option is correct. This can be obtained as follow:

Opposite = 3

Adjacent = 4

Hypothenus = –5

Sine θ = Opposite / Hypothenus

Sine θ = 3/–5

Sine θ = –3/5

Cos θ = Adjacent / Hypothenus

Cos θ = 4/–5

Cos θ = –4/5

Cot θ = 1/ Tan θ

Tan θ = 3/4

Cot θ = 1 ÷ 3/4

Invert

Cot θ = 1 × 4/3

Cot θ = 4/3

Cosec θ = 1/ Sine θ

Sine θ = –3/5

Cosec θ = 1 ÷ –3/5

Invert

Cosec θ = 1 × –5/3

Cosec θ = –5/3

SUMMARY

Sine θ = –3/5

Cos θ = –4/5

Tan θ = 3/4

Cot θ = 4/3

Cosec θ = –5/3

Therefore, option B, C and D gives the correct answer to the question.

An architect is designing a circular window to be installed in the
gable of a house. The metal window frame will be 1 foot wide and will be bordered by
the roof above and a wood beam below. The distance from the center of the window to the roof is 3 feet. What will be the circumference of the circular glass pane that will be
needed?

Answers

Answer:

12.57 ft

Step-by-step explanation:

First thing we need to find is the radius of the circular glass pane. We are given the information that the center of the glass plane is directly in the center of the triangle and that the closest distance from the center to the roof is 3 ft, including a metal border with a width of 1 ft.

Since the metal frame is the same width all the way around the window, we can safely conclude that the radius of the circular glass pane is 2 ft, as the 3ft measurement included the radius and the metal frame.

Now that we have our radius we can use the formula:

[tex]C=2\pi r[/tex] (Circumference = 2 x pi x radius)

Using 3.14 for pi we get:

[tex]C=2(3.14)(2)[/tex]

[tex]C=4 \pi[/tex] or 12.57 ft (2.d.p)

Antonio Ruiz pays a monthly premium of $175 for health insurance. He can purchase dental care and vision
care insurance for his family at an additional cost. The dental premium is $595 and the vision premium is
$195 per year. What is his total monthly premium for all his insurance?
$256.12
$240.83
b. $527.12
d. $238.41

Answers

Answer: $240.83
explanation:

Since he pays health insurance MONTHLY, you multiply 175x12=1200.

Since the others are yearly, just add those too 1,200.

1200+595+195=2,890.


Since you are looking for his monthly total you want to divide 2,890 by 12. Giving you the answer $240.83

Using the net below, find the surface area
of the pyramid.
2 lin.
3 in.
|3 in.
Surface Area
=
[?] in.2

Answers

3x3 + 4(3x2)/2
9 + 12
21 in^2

Answer:

i think 18 i just did that yesterday

do two rectangle prisms have the same volume? Sometimes, always, never. Pls explain! Giving brainlyst :3

Answers

Answer:

It is a known fact that there are rectangular prisms with the same volume but different dimensions.

The answer here is they have the same volume but different dimensions

Find the missing angle. Find x.

Answers

20 because opposite angles are equal.

A. B. AB ≅ AC
C. D. CS ≅ ST

Answers

Answer:

what are the rest of the choices, if the ones are the top ones they dont make sense.

Step-by-step explanation:

I need urgent help with this pls

Answers

3/15 or 1/5 and 5/14 because you already took one apple away which leaves you with 14 apples. I hope this helps

Given ABCD…. Please I need help ASAP.

Answers

X=20
180-120=60
60divided by 3
3x + 120=180 because the are supplementary angles(add to 180)
So 3x=60
X=20

Suppose you have a rectangular flower bed whose area is 24ft^2 . The shortest side is (x-4) feet and the longest side is (2x) feet. Find the length of the shortest side.

Answers

Answer:

the short side is equal to 2 feet

Step-by-step explanation:

24 = (2x)*(x-4) = 2x² -8x

you'll just use solve on your calculator and get that the x is equal to -2 or 6

which means the short side must be equal to 2

Answer:

2 ft

Step-by-step explanation:

Sides are:

x - 4 and 2x

The area is the product of the long and short sides:

2x(x - 4) = 24x(x - 4) = 12x² - 4x = 12x² - 4x + 4 = 16(x - 2)² = 4²x - 2 = 4x = 6

The short side is:

x - 4 = 6 - 4 = 2 ft

plzzz I need the answer with full solution. *FIND THE SQUAER ROOT OF 2119936 BY DIVISION METHOD*. plzz help me with this question plzzzzzzzzz!.

Answers

Answer:

√2119936=1,456

Step-by-step explanation:

6th grader who needs help :( anyone know?

Answers

The answer is 4 so B

Answer:

B. 4

Step-by-step explanation:

Create an equation:

80 = 18x+8

Solve for x by subtracting both sides by 8:

80-8 = 18x+8-8

72 = 18x

Divide both sides by 18:

72/18 = 18x/18

4 = x

4 is the greatest number of DVDs she can buy.

1. A family went to a restaurant. The total cost
of the meal was $46.50. The family had a
coupon for 30% off the total. What was the
final cost of the meal after the coupon was
used?

Answers

Answer:

32.55

Step-by-step explanation:

If you get 30% off, that means you pay (100% - 30% = 70% of the cost)

46.50 * 70%

46.50 *.70

32.55

The final cost (without tax) would be $32.55

hat is the following sum?
0 7(10√/x²y)
O
O
0 7(²√x²¹x²)

Answers

The sum of the given equation is 7[tex]\sqrt[5]{x^{2} y}[/tex].

What is fractional equation?A fractional equation is one in which one or more of its terms have the unknown as their denominator. Equations involving fractions can be resolved using the Cross-Product property.Therefore, when we reduce or simplify a fraction, we aim for maximum simplicity. In order to do this, we divide both the numerator and the denominator by the biggest integer that can be divided precisely into both numbers. In other words, we choose the greatest number that the top and bottom have in common and divide them by that.Equations using fractions require the solution of equations in which the unknown variable is a component of the fraction's numerator or denominator. To solve fractional equations, we must determine the value of the undetermined variable.

Given data :

4 ([tex]\sqrt[5]{x^{2} y}[/tex].) + 3 ([tex]\sqrt[5]{x^{2} y}[/tex].)

Add similar elements

= 7[tex]\sqrt[5]{x^{2} y}[/tex].

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A national publication showed the following distribution of favorite class subjects for high school students.
Math: 5% English: 14% Social Studies 28%: PE: 26% Music: 20% Other: 7&
Pasquale, a student from a high school of 1,200 students, wants to see whether the distribution at his school matches that of the publication. He stands at the school entrance in the morning and asks the first 40 students he sees what their favorite class is. Pasquale records the following table of observed values.
Math: 7 English: 8 Social Studies: 7: PE: 6 Music: 6 Other: 6
He decides to conduct a chi-square goodness-of-fit test to see whether his high school's distribution differs significantly from that of the publication. Pasquale’s statistics teacher tells him that his information does not meet the conditions necessary for a goodness-of-fit test. Which condition has not been met?

I. Data are collected using a random sample or randomized experiment
II. n≤0.10N
III. All expected counts are greater than 5.

A) I only
B) II only
C) III only
D) I and III only
E) I and II only

Answers

the answer is d sorry if i am wrong

Answer:

D) I and III only

Step-by-step explanation:

It was never specified if the sample was random, but the method of sampling was not random. So I must be true, eliminating B and C. Additionally, not all the expected counts are greater than 5 as 40(0.05)<5, 40(0.14)>5, 40(0.28)>5, 40(0.20)>5, 40(0.26)>5, 40(0.20)>5, and 40(0.07)<5. Therefore, D is the only correct answer.

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