The Ultimatum Game | The Greatest Example of Human "Irrationality"
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The Ultimatum Game | The Greatest Example of Human "Irrationality"
What is the ultimatum game? In this video, we will be looking at this popular game theory game consisting of a proposer and a responder. We will be discussing why the players do not follow rational maximization in real life studies and how this task can impact traditional economic theory. Hope you enjoy the video! Join the community: Facebook ...
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