The results of the ultimatum game illustrate that
A)homo economicus is a good description of people's behavior.
B)people's behavior is often driven by an innate sense of fairness.
C)self-interest brings out the most efficient economic outcome.
D)people will always prefer a small gain to no gain.

Question

Quizplus · Accepted Answer

The ultimatum game demonstrates that people often reject unfair offers even at a cost to themselves, indicating that decisions are frequently influenced by a sense of fairness rather than pure self-interest.

The Results of the Ultimatum Game Illustrate That