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Which of the following is a key difference between the dictator game and the ult

ID: 1189318 • Letter: W

Question

Which of the following is a key difference between the dictator game and the ultimatum game?

The dictator game is played with real money; the ultimatum game is played with hypothetical money.

In the dictator game, one person has total control over the split; in the ultimatum game, both players have to agree to the split.

Results of dictator game experiments reveal that people don't care about fairness; results of the ultimatum game indicate that they do care.

There is no difference between them; they are simply different names for the same game.

The dictator game is played with real money; the ultimatum game is played with hypothetical money.

In the dictator game, one person has total control over the split; in the ultimatum game, both players have to agree to the split.

Results of dictator game experiments reveal that people don't care about fairness; results of the ultimatum game indicate that they do care.

There is no difference between them; they are simply different names for the same game.

Explanation / Answer

The key difference is that in the dictator game, one person has total control over the split, whereas in the ultimatum game, both players have to agree to the split.

Explantion:
In the dictator game, the first player has to choose how the money is to be split between the two players. The role of the second player is totally pasive here.
In the ultimatum game, the first player proposes how to split the money between the two players, and then the second person gets to accept or reject the proposal. For the money to be split as suggested by the first player, the second player must accept the proposal.

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