Robert and Neal Are Playing the Ultimatum Game, Starting with $100

Multiple Choice

Robert and Neal are playing the ultimatum game, starting with $100. Based on the coin toss, Robert is the player to propose a division of the $100. If Robert acts as economic theory assumes and Neal acts as experimental evidence shows, Neal will

A) accept Robert's proposal of keeping $99 and offering Neal $1.
B) accept Robert's proposal of keeping $60 and offering Neal $40.
C) reject Robert's proposal of keeping $99 and offering Neal $1.
D) reject Robert's proposal of keeping $60 and offering Neal $40.