Multiple Choice
The ultimatum game reveals that
A) it does not make sense to try to maximize profits.
B) people may have an innate sense of fairness that economic theory does not capture.
C) people may have an innate sense of fairness that economic theory does not capture.
D) offering someone a wildly unfair outcome is usually ok since people tend to make decisions using a "something is better than nothing" philosophy.
D) Both a and
Correct Answer:
Verified
Correct Answer:
Verified
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