In which type of game does one player make an offer that the other player must then accept or reject?
A)Repeated sequential
B)Prisoners' dilemma
C)Ultimatum
D)Negotiation

Question

Quizplus · Accepted Answer

The Ultimatum game is characterized by one player proposing a division of a sum of money or some other benefit, which the other player can either accept or reject. If the offer is rejected, neither player receives anything. This game is used to study fairness and decision-making.

In Which Type of Game Does One Player Make an Offer