Sometimes games have a lot to teach us about human nature, other times they’re just games.
One game that some economists and psychologists claim has much to teach us is called The Ultimatum Game.
The game is very simple. It’s played between two people who have to decide how to split an amount of money. Let’s say it’s $100.
One of the two people is randomly chosen to make an offer to the other about how to split the money between them. If the other person accepts this offer then they split it on that basis. But, if the other person rejects it, neither of them gets anything.
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