Responder's Decision Rule with Reciprocal Preferences

Responder's Punitive Reaction to Offers Breaching Social Norms

In a one-shot game where a 'Proposer' is given $100 and must offer a portion to a 'Responder', who can either accept or reject the offer (if rejected, neither player gets anything), experimental results consistently show two things: 1) Proposers most frequently offer between $40 and $50. 2) Responders often reject offers below $20. What is the most logical conclusion to draw from this evidence about the players' motivations?

Predicting Offers Based on Social Context

Evaluating the Homo economicus Model in the Ultimatum Game

In a one-shot ultimatum game where a Proposer is given $10 to split, a Proposer behaving as a purely self-interested actor (Homo economicus) would offer the Responder $5, as this is the fairest split and most likely to be accepted.

Explaining Proposer Behavior in the Ultimatum Game

In a one-shot game, a 'Proposer' is given a sum of money and must offer a portion to a 'Responder'. The Responder can either accept the offer (in which case they both get the agreed-upon split) or reject it (in which case both players get nothing). Match each player's motivation to their most likely action in this game.

A 'Proposer' in a one-shot game is given $100 to split with a 'Responder'. The Proposer knows that the Responder can reject the offer, in which case both players receive nothing. The Proposer is not a purely self-interested actor and considers social factors. Arrange the following steps to reflect the Proposer's most likely logical thought process when deciding on an offer.

In a one-shot game where a 'Proposer' offers a split of a sum of money to a 'Responder', experimental results show that Proposers often offer a significant portion (e.g., 40-50%) of the total sum. This behavior, which deviates from the prediction for a purely self-interested actor, indicates that the Proposer's decision is heavily influenced by their perception of social ____.

Analyzing Proposer Behavior Across Different Social Contexts

In a one-shot game, a 'Proposer' is given $10 to split with a 'Responder'. If the Responder rejects the offer, both players receive $0. A purely self-interested Proposer would offer the smallest possible positive amount (e.g., $1), assuming the Responder would accept any gain over nothing. However, in real experiments, Proposers often offer a much larger share, such as $4. Which of the following statements best analyzes the Proposer's strategic thinking behind offering $4 instead of $1?