August 2009
1 post
Chimps: More Rational than Humans? →
mikehudack:
heyitsnoah:
The ultimatum games feels like the most overused example of behavioral economics at this point, but it’s nonetheless interesting. (Basically it’s a game where people are asked to split some monetary amount, say $10, between two parties. The first party makes an offer and the second either accepts, taking their share and giving the offerer theirs, or declines, in which...