Question: Problem 4 (4p) (a) What would be your prediction for the ultimatum game when player 1 is benevolent, player 2 is malevolent but player

Problem 4 (4p) (a) What would be your prediction for the ultimatum game when player 1 is benevolent, player 2 is malevolent but player 1 wrongly believes that player 2 is benevolent (player's 2 belief is correct)? Assume that they both know their own type and each player's belief about the other player is common knowledge. (b) What would be your prediction for the ultimatum game when player 1 is benevolent, player 2 is malevolent but player 2 wrongly believes that player 1 is malevolent (player's 1 belief is correct)? Assume that they both know their own type and each player's belief about the other player is common knowledge.

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