Answer Happy

Question 5. Consider an ultimatum game of sharing a pie of $100. The first table shows the cumulative percentage of the Responders who accept the amount offered by the Proposers for when the game was played with two separate groups (Kenyan farmers and US university students). The second table shows the percentage of the Proposers who made those offers in the two groups. Based on this information, summarise the key differences in the preferences among Responders in the two countries. (6 marks) Amount offered $0 $10 $20 $30 $40 $50 Proportions accepted Kenyan Farmers 2% 52% 96% 100% US Students 0% 58% 63% 84% 89% 100% 10% Amount offered Proportions offered Kenyan Farmers US Students $0 4% 21% $10 12% 11% $20 10% 21% $30 14% 37% $40 50% 5% $50 10% 5%