What is the a Trust game? a)You, and only you, will decide how to divide $10 between
Question:
What is the a Trust game? a)You, and only you, will decide how to divide $10 between yourself and one other person. This will happen only once. You don't know who is the other person and other person does not know who you are. Then the other person could decide to accept or reject. If accept, you two share the money in the way you suggested; if reject, no one gets money b)Person 1 decides how much to give person 2. (denote as x) When it gets to the 2rd person's account, the amount x got tripled (3x). Then person 2 decides how much to return to Person 1. (denote as y).
c)You, and only you, will decide how to divide $10 between yourself and one other person. This will happen multiple times. You don't know who is the other person and other person does not know who you are. d)You, and only you, will decide how to divide $10 between yourself and one other person. This will happen only once. You don't know who is the other person and other person does not know who you are.