In the Ultimatum or the Dictator games, players are given the opportunity to "divide the pie," choosing a division of 1 dollar (or some equivalent) to split between two people. In equilibrium, what would you expect the dictator to propose in the dictator game (where the opponent does not have the option to accept or reject her offer) ? Group of answer choices

Question

Social Studies

Cloe Cantrell

29 September, 01:40

In the Ultimatum or the Dictator games, players are given the opportunity to "divide the pie," choosing a division of 1 dollar (or some equivalent) to split between two people. In equilibrium, what would you expect the dictator to propose in the dictator game (where the opponent does not have the option to accept or reject her offer) ? Group of answer choices

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Answers (1)

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Travis Hendricks · Answer 1

One for the dictator, nothing for the opponent.

Explanation:

Dictators are the political leaders who have gained absolute power over a country, in history mostly dictators had obtained their powers by force. The dictator word is used to in the context of a cruel person and has a habit of abusing it's power. So the dictator would keep the pie all to himself.