Question 7: (8 marks) Consider the following three statements. For each statement, briefly discuss how you can design one or more games and/or treatments to test the validity of the statement. (2 marks each for the first two statements and 4 marks for the third statement.) Statement 1: In rejecting inequitable offers in the ultimatum game, responders are not only objecting to the relatively small magnitude of the offers, but they are also (and probably more so) objecting to the unfair intent behind these offers. Statement 2: Proposers make generous offers in the ultimatum game not only because they wish to be altruistic but also (and probably more so) because they anticipate that unfair offers may get rejected by Responders, thereby resulting in a zero payoff for the Proposer. Statement 3: Proposers make generous offers in the ultimatum game not only because they are afraid of being considered selfish by the experimenter but also (and probably more so) because they are afraid that unfair offers may get rejected by Responders, thereby resulting in a zero payoff for the Proposer. Question 7: (8 marks) Consider the following three statements. For each statement, briefly discuss how you can design one or more games and/or treatments to test the validity of the statement. (2 marks each for the first two statements and 4 marks for the third statement.) Statement 1: In rejecting inequitable offers in the ultimatum game, responders are not only objecting to the relatively small magnitude of the offers, but they are also (and probably more so) objecting to the unfair intent behind these offers. Statement 2: Proposers make generous offers in the ultimatum game not only because they wish to be altruistic but also (and probably more so) because they anticipate that unfair offers may get rejected by Responders, thereby resulting in a zero payoff for the Proposer. Statement 3: Proposers make generous offers in the ultimatum game not only because they are afraid of being considered selfish by the experimenter but also (and probably more so) because they are afraid that unfair offers may get rejected by Responders, thereby resulting in a zero payoff for the Proposer