The Ultimatum Game
from Non • Zero • Sum James Hosted by Non • Zero • Sum James
Take-it-or-leave-it. In this game, you are given $10. To keep the money, you have to give a portion of this $10 away to another player. If we take the contained, rational and self-interested assumptions of game theory, the dominant strategy is simple: give the other player as little as possible. The catch is, if the other player rejects your offer, you both get nothing. | For all the links, pictures and payoff matrices visit: https://nonzerosum.games/ultimatumgame.html
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