Question: Consider a mini-ultimatum game, where two players divide 10. The proposer is allowed to propose either 7 to the proposer, 3 to the responder 10
Consider a mini-ultimatum game, where two players divide 10. The proposer is allowed to propose either
7 to the proposer, 3 to the responder
10 to the proposer, 0 to the responder
If the proposer proposes the (7, 3) split and the responder accepts the proposal, how can this outcome be justified?
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