10 Questions
What was the main difference observed between farmers and students in the Ultimatum Game experiment?
Farmers were more likely to accept low offers
In the Ultimatum Game experiment, which group was more willing to ensure the proposer received nothing?
Farmers
What was a common characteristic among many responders in the Ultimatum Game experiment?
They accepted offers of 10% or below
Why were responders in the Ultimatum Game experiment unlikely to accept an offer of zero?
They wanted to ensure the Proposer received nothing as well
What was a key finding from the Ultimatum Game experiment regarding the acceptance of low offers by farmers?
Farmers usually rejected low offers
What was the range of offer options available to proposers in the Ultimatum Game experiment?
0, 10, 20, 30, 40, 50%
Which group had a higher acceptance rate for high offers in the Ultimatum Game experiment?
Students
What inference can be drawn about responders in the Ultimatum Game experiment based on their acceptance behavior?
$0 was unanimously rejected by all responders
Why might farmers be less likely to accept low offers in the Ultimatum Game experiment compared to students?
Farmers valued fairness in transactions more than students
What was a notable observation regarding the behavior of farmers towards low offers in the Ultimatum Game experiment?
Farmers tended to reject low offers more than students did
Explore how people make decisions according to their preferences, which can be influenced by social norms and shared understandings within a community. Learn about social norms as unspoken rules that dictate interactions among people.
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