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6 years ago
Which of the following is true in an ultimatum game if more money is considered to be better than less?
A) The equilibrium outcome in an ultimatum game is equitable.
B) The equilibrium outcome in an ultimatum game is socially efficient.
C) The equilibrium in an ultimatum game is always a dominant strategy equilibrium.
D) There is no unique equilibrium in an ultimatum game.
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Microeconomics

Microeconomics


Edition: 1st
Authors:
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SudzburySudzbury
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