An ultimatum game is:
A) one in which one player makes an offer and the other player has the simple choice of whether to accept or reject.
B) one in which one player makes an offer and the other player has the choice of whether to accept or offer a counteroffer.
C) a repeated sequential game.
D) the only game played by unions in reality.

Question

Quizplus · Accepted Answer

In an ultimatum game, one player proposes a division of resources, and the other player can either accept the offer, resulting in the proposed division, or reject it, resulting in both players receiving nothing.

An Ultimatum Game Is