Podcast
Questions and Answers
What was the main difference observed between farmers and students in the Ultimatum Game experiment?
What was the main difference observed between farmers and students in the Ultimatum Game experiment?
- Farmers were motivated by pure self-interest
- Students were more likely to offer a higher percentage of the pie
- Students were more likely to reject high offers
- Farmers were more likely to accept low offers (correct)
In the Ultimatum Game experiment, which group was more willing to ensure the proposer received nothing?
In the Ultimatum Game experiment, which group was more willing to ensure the proposer received nothing?
- Students
- Both farmers and students equally
- Farmers (correct)
- None of the farmers or students
What was a common characteristic among many responders in the Ultimatum Game experiment?
What was a common characteristic among many responders in the Ultimatum Game experiment?
- They all rejected offers below 50%
- They were purely motivated by self-interest
- They all accepted high offers
- They accepted offers of 10% or below (correct)
Why were responders in the Ultimatum Game experiment unlikely to accept an offer of zero?
Why were responders in the Ultimatum Game experiment unlikely to accept an offer of zero?
What was a key finding from the Ultimatum Game experiment regarding the acceptance of low offers by farmers?
What was a key finding from the Ultimatum Game experiment regarding the acceptance of low offers by farmers?
What was the range of offer options available to proposers in the Ultimatum Game experiment?
What was the range of offer options available to proposers in the Ultimatum Game experiment?
Which group had a higher acceptance rate for high offers in the Ultimatum Game experiment?
Which group had a higher acceptance rate for high offers in the Ultimatum Game experiment?
What inference can be drawn about responders in the Ultimatum Game experiment based on their acceptance behavior?
What inference can be drawn about responders in the Ultimatum Game experiment based on their acceptance behavior?
Why might farmers be less likely to accept low offers in the Ultimatum Game experiment compared to students?
Why might farmers be less likely to accept low offers in the Ultimatum Game experiment compared to students?
What was a notable observation regarding the behavior of farmers towards low offers in the Ultimatum Game experiment?
What was a notable observation regarding the behavior of farmers towards low offers in the Ultimatum Game experiment?