Consider the following ultimatum game, where the top number at the end of each node refers to the payoff for the proposer and the bottom number refers to the payoff for the responder. Suppose the proposer has chosen "Bottom". Based on the results of the Bolton and Zwick study, the responder is more likely to choose reject if:
A) P1= $2.00; R1 = $2.00.
B) P1= $2.20; R1 = $1.80.
C) P1= $2.40; R1 = $1.60.
D) P1= $3.80; R1 = $0.20.
Correct Answer:
Verified
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