In a Study to Examine Altruistic Behavior, an Economics Professor

Multiple Choice

In a study to examine altruistic behavior, an economics professor recruits college students to participate in a game. The game consists of teams of two, with one person acting as the proposer and the other, the responder. The proposer receives a sum of money and must decide how to split the money with the responder. If the responder approves of how the money was split, each person receives the determined amount. If the responder rejects the split, neither player receives any money. This study is an example of a:

A) Pigouvian conjecture.
B) lab experiment.
C) natural experiment.
D) path-dependent experiment.