In the ultimatum game, what split would be rational for both the person proposing the split and the person who must accept or reject the split?

Question

Quizplus · Accepted Answer

In the ultimatum game, a rational proposer would offer the smallest possible amount (e.g., 99/1) because the responder should accept any non-zero offer to maximize their own payoff, as receiving something is better than nothing.

In the Ultimatum Game, What Split Would Be Rational for Both