Conventional Economic Theory Suggests That in the Ultimatum Game, the Player

Multiple Choice

Conventional economic theory suggests that in the ultimatum game, the player proposing a split of $50 will propose that she get $49 and that the other player get $1. By the same reasoning, if the amount to be split is $1000, the player proposing the split will propose that she gets

A) $500 and that the other player gets $500.
B) $998 and that the other player gets $2.
C) $999 and that the other player gets $1.
D) $1000 and that the other player gets nothing.