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psych 217 A Grade exam with Questions and 100% Correct Verified Answers| Latest Update
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psych 217 A Grade exam with Questionsand 100% Correct Verified Answers|
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dictator game - Answer - two participants, one given a pot of money to distribute as
she wishes
o no communication, receiver gets whatever the giver decides, no repeated
interaction o rational narrow self interest response is to give zero to other person
o typically people give a portion of the money to the
stranger - measures altruism
ultimatum game - Answer helps us to understand
fairness - same structure as dictator game except
o receiver can veto the distribution, in which case neither of them get anything
o rational narrow self interested behavior is for givers to provide the smallest
possible non-zero amount, and receivers to accept any non zero amount
o measures the norms of sharing and fear of and willingness to engage in
"costly punishment" for "unfairness"
- the games are so simple that it is really easy to see the basics of trust, fairness,
generosity
,what do people typically do in prisoners dilemma - Answer a majority of people
make the cooperative choice
when playing with another individual → people tend to choose this cooperative option
Playing with two groups: tend to cooperate less; more distrusting of the other
group [motivated to exploit]
ultimatum game what people typically do - Answer people routinely reject low offers,
modal offer is 50/50
contrary to what economists think we are usually cooperative
dictator game typcal reactions - Answer Rational Choice Theory [RCT] says we should
keep the money for ourselves, there is no benefit of giving money to another person but
large percentage give some money to the other person
trust game - Answer willingness to make investment in others and measures trust
- person one sends any portion of 100 dollars to person two and person two receives
triple the amount and then has the option to send some back to person one
- many similarities with the prisoners dilemma game
- can send money to another person (that person is the truster role)
- receiver (trustees)
- people send more than rational theory would expect
- median amount given is often above hald of ones initial investment
- trustees generally are fair in returning a significant amount of the investment gain
to the truster
- trusters generally come out ahead of where they would have if they had done the
rational choice to send zero dollar
, trust game typical outcome - Answer trustees are generally fair in returning a
significant amount of the investment gain to the truster
o Person A (sender) on average sends 50% of their amount
o Person B (receiver) sends back a decent amount
o Trust is not fully reciprocated; sender doesn't receive all their money back
evolved social cooperative rationality - Answer because most people are cooperative,
it is smart to be cooperative to increase our joint rewards
- there is some rationality to human social behavior
does human behavior often match rational choice theory behviaor - Answer
usually does not match
humans trsut - Answer do not trust unconditionally
- evolved social cooperative rationality
- because most people are cooperative, it is smart to be cooperative to increase our
joint rewards
machiavellian exploitative rationality - Answer because most people are cooperative, i
can exploit that trust for my gain
different treatment of ingroup and outgroup members - Answer we are most likely
to cooperate and help those in our own group
possibility of cheaters in games - Answer punishment of those who cheat, but
propensity to those who forgive
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