Principles of Microeconomics, 7th Edition

Published by South-Western College
ISBN 10: 128516590X
ISBN 13: 978-1-28516-590-5

Chapter 22 - Part VII - Frontiers of Microeconomics - Questions for Review - Page 478: 6

Answer

The experiment called the ultimatum game which illustrates that people care more about fairness as compare to their own detriment.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.