Share of Responders who would accept the offer (%) 100 75 50 25 0 ▬▬ Farmers (Kenya) Students, Emory University (US) 10 20 30 50 Fraction of the pie offered by the Proposer to the Responder (%) 0 Figure 4.12 Acceptable offers in the ultimatum game. 40 FULLSCREEN Why do you think that the results differed between the Kenyan farmers and the US students?
Share of Responders who would accept the offer (%) 100 75 50 25 0 ▬▬ Farmers (Kenya) Students, Emory University (US) 10 20 30 50 Fraction of the pie offered by the Proposer to the Responder (%) 0 Figure 4.12 Acceptable offers in the ultimatum game. 40 FULLSCREEN Why do you think that the results differed between the Kenyan farmers and the US students?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![Share of Responders who would
accept the offer (%)
100
75
50
25
0
▬▬
Farmers (Kenya)
Students, Emory University (US)
10
20
30
50
Fraction of the pie offered by the Proposer to the Responder (%)
0
Figure 4.12 Acceptable offers in the ultimatum game.
40
FULLSCREEN
Why do you think that the results differed between the Kenyan farmers and the US students?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F198ca5ad-5ed6-4a94-9a13-e268be52aa7b%2F4a2b6815-2c73-4510-8da8-c0386e3c5438%2Fppb88dd_processed.png&w=3840&q=75)
Transcribed Image Text:Share of Responders who would
accept the offer (%)
100
75
50
25
0
▬▬
Farmers (Kenya)
Students, Emory University (US)
10
20
30
50
Fraction of the pie offered by the Proposer to the Responder (%)
0
Figure 4.12 Acceptable offers in the ultimatum game.
40
FULLSCREEN
Why do you think that the results differed between the Kenyan farmers and the US students?
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