The Ultimatum Game | The Greatest Example of Human "Irrationality"

Описание к видео 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!

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Additional Reading:
Ultimatum Game
https://www.sciencedirect.com/topics/...
What’s the ultimatum game?
https://money.howstuffworks.com/ultim...
Ultimatum Game
https://www.cs.mcgill.ca/~rwest/wikis....

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