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If a Proposer and a Responder Are Asked to Split

Question 104

Multiple Choice

If a Proposer and a Responder are asked to split $100 in the ultimatum bargaining game, standard economic theory would predict that the Responder should:


A) reject any amount over $50.
B) accept any amount offered by the Proposer.
C) reject any amount less than $50.
D) only accept an offer for exactly $50.

Correct Answer:

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