In the ultimatum game, one student makes a proposal and the other student either accepts or rejects the offer. If the proposal is accepted, the students split the money according to the agreed offer. Otherwise, both students earn nothing.
This game teaches students about how social norms such as fairness and altruism may result in behaviors that deviate from game-theoretic predictions.
In this game, each player is either a Proposer or a Responder. In MobLab’s Ultimatum (Strategy Method), each player makes a choice in both roles, indicating a minimum acceptable offer for her choice as Responder.