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Business, 06.04.2021 03:30 jwbri

Consider the ultimatum game, where an​ "allocator" is​ given, say, ​$100.00 to decide how to divide with a​ "recipient," who then decides whether to accept or reject the​ allocation, ultimately determining whether the pair receives the allocation or nothing. What is the optimal play in the ultimatum​ game? The optimal play in the ultimatum game is for the allocator to propose a division of the money such that the recipient receives​$ and the recipient then( ACCEPTS, OR REJECTS) the division. ​(Enter your response as a real number rounded to two decimal​ places.)

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Consider the ultimatum game, where an​ "allocator" is​ given, say, ​$100.00 to decide how to divide...
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