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What would be your prediction for the ultimatum game when each of the players is a pure altruist i.e., he prefers that other player gets more and only if the other gets the same amount in two cases he prefers the case in which he gets more for himself. Other assumptions are standard, as speci?ed in the ?rst example in lecture notes. What do you predict is going to happen in this game?

Reference no: EM133173030

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