Question 10 exam

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University of Ontario Institute of Technology *

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100

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Economics

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Jan 9, 2024

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docx

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Question 10 Correct 2.00 points out of 2.00 Flag question Question text Altering the rules of the game can affect the strategies and outcomes of players. In the ultimatum game, which of the following rule changes will DECREASE the amount proposers will offer to the responder(s)? a. Rule changes do not affect what proposers will do. It all depends on social norms. b. Changing game from having 1 responder to 2 responders, where in order to receive a payoff the proposer only needs one responder to accept. c. Changing game from having 2 responders to 1 responder, where in order to receive a payoff the proposer only needs one responder to accept. d. Adding a mechanism for the responder to punish the proposer for ungenerous proposals. Feedback The correct answer is: Changing game from having 1 responder to 2 responders, where in order to receive a payoff the proposer only needs one responder to accept. Get the mobile app
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