In the ultimatum experiment,what are the usual outcomes?
A) Proposer proposes to give the minimum positive amount to the responder in all the rounds.
B) Proposer and responder are rational all the time.
C) Proposer proposes to give about 30~40% of total amount to the responders.
D) Proposer proposes to give 60~0% of total amount to the responders

Question

Quizplus · Accepted Answer

The usual outcome in the ultimatum experiment is that proposers offer about 30~40% of the total amount to the responders. This is because proposers want to keep a fair amount for themselves, but also want to avoid rejecting their offer and receiving nothing in return. Offering a moderate amount increases the chances that the offer will be accepted, leading to a positive outcome for both parties. Therefore, choice C is the best choice.

In the Ultimatum Experiment,what Are the Usual Outcomes