The ultimatum game is a scenario that evaluates the value participants place on which of the following

Question

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The ultimatum game evaluates the value participants place on fairness. In this game, one player is given a sum of money and must propose how to divide it with the other player. If the other player accepts the proposal, they both receive their shares accordingly. However, if the other player rejects the proposal, neither player receives anything. This game demonstrates that people often prioritize fairness over personal gain, as the recipient is willing to reject the offer if they feel it is unfair.

The Ultimatum Game Is a Scenario That Evaluates the Value