Business, 01.08.2020 22:01 ahoney2233

Suppose Gina and Henry play two rounds of the ultimatum game. In the first round they play for $10; in the second round they play for $1,000. In the first round Gina suggests an 80/20 split ($8 to Gina, $2 to Henry), but Henry quickly rejects the offer as unfair. Assuming Gina is interested in gaining financially from the experience and that she understands behavioral economics, we would expect her to

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Suppose Gina and Henry play two rounds of the ultimatum game. In the first round they play for $10;...

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