Insert Your Own Punch Line Here
26 October 2007 at 11:57 pm Peter G. Klein Leave a comment
| Peter Klein |
Brian McCann describes recent experimental work on the ultimatum game:
Unlike humans, who have a tendency to make generous offers when they are the first player and to reject non-generous offers when they are the second players, chimpanzees exhibit the type of rational, profit-maximizing behavior economists would expect.
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