August 30th, 2010

confused, contemplative, puzzle

The Cultural Ultimatum

Here's an old one:

Poll #1612571 The Ultimatum Game

You are given $100 and asked to share it with someone else. You can offer that person any amount and if he accepts the offer, you each get to keep your share. If he rejects your offer, you both walk away empty-handed. How much would you offer?

Mean: 49.29 Median: 50 Std. Dev 7.28
0(0.0%)
0
0(0.0%)
5
0(0.0%)
10
0(0.0%)
15
0(0.0%)
20
0(0.0%)
25
0(0.0%)
30
0(0.0%)
35
1(7.1%)
40
1(7.1%)
45
1(7.1%)
50
10(71.4%)
55
0(0.0%)
60
0(0.0%)
65
0(0.0%)
70
1(7.1%)
75
0(0.0%)
80
0(0.0%)
85
0(0.0%)
90
0(0.0%)
95
0(0.0%)
100
0(0.0%)

If you were going to be the person the money was offered to, how much would you need to be offered to accept?

Mean: 25.00 Median: 17.5 Std. Dev 17.44
0(0.0%)
0
0(0.0%)
5
4(33.3%)
10
1(8.3%)
15
0(0.0%)
20
0(0.0%)
25
1(8.3%)
30
1(8.3%)
35
1(8.3%)
40
2(16.7%)
45
0(0.0%)
50
2(16.7%)
55
0(0.0%)
60
0(0.0%)
65
0(0.0%)
70
0(0.0%)
75
0(0.0%)
80
0(0.0%)
85
0(0.0%)
90
0(0.0%)
95
0(0.0%)
100
0(0.0%)


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