True/False

True or False: In an economic interaction where one person proposes how to divide a sum of money and a second person can only accept or reject the proposal (with rejection meaning neither person receives anything), the fact that the rules are transparent and applied equally to all participants is sufficient to guarantee that any final division of the money is also fair.

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Updated 2025-08-05

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Ch.5 The rules of the game: Who gets what and why - The Economy 2.0 Microeconomics @ CORE Econ

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