Non-experimentalists often argue that the small size of the stakes in economics experiments mean that the results are not generalizable. Discuss one study that addresses the issue of stakes using the ultimatum game and show how the concern about small stakes is most likely exaggerated.

Question

Quizplus · Accepted Answer

The Answer of Non-experimentalists often argue that the small size of the stakes in economics experiments mean that the results are not generalizable. Discuss one study that addresses the issue of stakes using the ultimatum game and show how the concern about small stakes is most likely exaggerated.

Non-Experimentalists Often Argue That the Small Size of the Stakes