Question: Consider a mini-ultimatum game where where two players divide 10. If the responder accepts the proposal, the 10 is split according to the proposal. If
Consider a mini-ultimatum game where where two players divide 10. If the responder accepts the proposal, the 10 is split according to the proposal. If the responder rejects, both earn 0. Why would the responder ever accept an "unfair" split e.g. (7, 3)?
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