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ultimatum games, the rational (optimal) strategy for the respondent is A Only accept high offers but reject low ones . B Only accept fair offers,
ultimatum games, the rational (optimal) strategy for the respondent is A Only accept high offers but reject low ones . B Only accept fair offers, but reject unfair ones Accept any offer no matter how low it is as long as it pays something. DThere is no rational strategy
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
