Search for tag: "offer"

Bargaining Game

Bargaining: Alternating OfferGame DescriptionThis game is a multi-round version of the Ultimatum game. Pairs of students decide on how to split a pot of money by alternating who makes the…

From  Richard Gosselin 0 likes 0  

Ultimatum Game

The ultimatum game is explored to more fully examine the rationality assumption and the theory of utility maximization. It also takes a hard look at the issue of fairness and its role in economic…

From  Richard Gosselin 0 likes 0