In the ultimatum game,one player has to divide a monetary prize into two parts and offer one part to a second player.What happens if the second player rejects her portion of the prize?
A)She receives the other portion,and the first player has to accept the part originally offered to her.
B)She receives the other portion,and the first player receives nothing.
C)The game ends and both players receive nothing.
D)Both players receive the smaller of the two parts.

Question

Quizplus · Accepted Answer

In the ultimatum game, if the second player rejects the offer, the game ends and neither player receives anything. This is designed to test fairness and decision-making in economic games.

In the Ultimatum Game,one Player Has to Divide a Monetary