Bargaining GameBargaining: 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
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Ultimatum GameThe 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
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