1. Name a game you know how to play. List one role that players may have in the game, one official rule, and one property of the game.

2. List a rule, a property, and an outcome in the game of economics.

3. How is the game of economics similar to the games you are used to playing? How is it different?

Question

Megan Barr

SAT

24 October, 08:51

1. Name a game you know how to play. List one role that players may have in the game, one official rule, and one property of the game.

2. List a rule, a property, and an outcome in the game of economics.

3. How is the game of economics similar to the games you are used to playing? How is it different?

+3

Answers (1)

Know the Answer?

Wade Lopez · Answer 1

Answer:ultimatum game, founded by werner guth

Explanation: (2) one player is the proposer who has a sum of money, while another player is the responder. the proposer is tasked with spliting the money with the responder in a negotiation. (2) if the proposer makes his intention known and the responder accepts, the money is split among them, but if the negotiations fails, they but go with nothing. (3) the games is similar because we all want to win but different because money is envolved