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226. The Ultimatum Game
Manage episode 397462832 series 3236917
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The logic of the ultimatum game is simple - something is better than nothing, so you ought to accept any deal where you come out ahead, no matter how unfair that deal is. Why, then, does almost everyone reject unfair deals, even if it means sacrifice?
Video: http://youtu.be/o0MyC54j-SM
Show Notes: https://thunkshow.com/2022/07/03/226.-The-Ultimatum-Game.html
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