Question
SITUATION 1 Suppose that you and a friend are walking together. A stranger approaches you and offers to give the two of you one hundred
SITUATION 1
Suppose that you and a friend are walking together. A stranger approaches you and offers to
give the two of you one hundred thousand dollars. There are no strings attached. The only
requirement, however, is that you have five minutes to decide how the two of you will share
the money. If you cannot agree within five minutes, no money will change hands.
What is your impulse in response to situation 1? What is your concept of fairness? Does
fairness enter into your thoughts at all? Do you offer to split the money equally?
What do you do if your friend objects to sharing the money equally? What if your friend says
that she is in greater need of money and should, therefore, receive 75 to 80 percent, or all of
the money? What if your friend is in dire need of that amount of money to pay a debt or to
pay for urgent medical surgery? What if you are in dire need of the money?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started