Question
So what actually happens when people play the dictator game? After running the experiment many thousands of times in many different countries, experimenters have found
So what actually happens when people play the dictator game? After running the experiment many thousands of times in many different countries, experimenters have found that only one-third of dictators keep all of the money for themselves. The other two-thirds show substantial generosity, allocating an average of 42 percent of the money to the other player. In addition, 17 percent of all dictators split the money perfectly evenly and a little over five percent of all dictators give the other player everything.
c. Evaluate the following statement."We shouldn't generalize from what people do in the ultimatum game because $10 is a trivial amount of money.When larger amounts of money are on the line, people will act differently."
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