Problem based on ultimatimum game
Question:
You are given an offer to split a $20 bill. The other player offers you $1. If you accept the offer you keep the $1, and the other player keeps $19. If you reject the offer, neither of you will get anything. Do you take the offer?
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You are given an offer to split a $20 bill. The other player offers you $1. If you accept the offer you keep the $1, and the other player keeps $19.
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