In section 7.1.5 I mentioned a study by Andreoni and Miller (2002). They asked subjects to play eleven different dictators game. In each game the proposer was given a number of tokens, from 40 to 100 and asked to divide the tokens between them and a receiver. Each token was worth $0.10 to

$0.40 to the proposer and $0.10 to $0.40 to the receiver. For example, a token might be worth $0.40 to the proposer and $0.10 to the receiver, or

$0.20 to the proposer and $0.30 to the receiver. How do you think the share given to receivers depended on the worth of tokens? How should it depend, to be consistent with utility maximization?