- Jun 30, 2001
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Alright, here's the situation:
Rules
You only get to play once.
A computer is given 100 $1 bills.
The computer cannot be tampered with (you cannot bust open the computer and get the money)
The computer may share as much of this money as it wants with you.
The only thing you may do is either accept or reject the money it offers.
If you accept, you will walk away with the money.
If you reject, you will walk away with nothing and the money is burned by the computer.
Got it?
The computer offers you $2 out of the $100 it was given. Do you accept or reject?
Anyone who rejects this money, please explain because I would gladly like to hear your reason why. I would expect everyone to accept.
PART 2
Rules
You only get to play once.
You are in a closed room and no audience.
You are given 100 $1 bills.
You will play the part of the computer from the first question.
Another person will walk in and you will offer that person a portion of that $100. The other person knows that you have $100 to distribute.
They can either accept or reject your offer.
If they accept, they get whatever you offered them, and you get to keep whatever is left.
If they reject, you both get nothing.
Got it?
How much do you offer that other person and why?
Rules
You only get to play once.
A computer is given 100 $1 bills.
The computer cannot be tampered with (you cannot bust open the computer and get the money)
The computer may share as much of this money as it wants with you.
The only thing you may do is either accept or reject the money it offers.
If you accept, you will walk away with the money.
If you reject, you will walk away with nothing and the money is burned by the computer.
Got it?
The computer offers you $2 out of the $100 it was given. Do you accept or reject?
Anyone who rejects this money, please explain because I would gladly like to hear your reason why. I would expect everyone to accept.
PART 2
Rules
You only get to play once.
You are in a closed room and no audience.
You are given 100 $1 bills.
You will play the part of the computer from the first question.
Another person will walk in and you will offer that person a portion of that $100. The other person knows that you have $100 to distribute.
They can either accept or reject your offer.
If they accept, they get whatever you offered them, and you get to keep whatever is left.
If they reject, you both get nothing.
Got it?
How much do you offer that other person and why?
