In numerous experiments, researchers have found that if a Proposer and a Responder are asked to split a fixed sum on money in the ultimatum bargaining game, the Proposer will, on average, offer the Responder:
A)nothing.
B)exactly the amount that would be predicted by economic theory.
C)more than would be predicted by standard economic theory.
D)less than would be predicted by standard economic theory.

Question

Quizplus · Accepted Answer

Even though standard economic theory predicts that the Proposer should offer the Responder the smallest dollar amount possible, researchers have found that the Proposer, on average, offers the responder substantially more than this.

In Numerous Experiments, Researchers Have Found That If a Proposer