Re: [Marxism] The ultimatum game.

[Shane Mage <shmage@xxxxxxxxxxxx>]

On Apr 12, 2008, at 10:42 PM, David Picón Álvarez wrote:

> From: "Shane Mage" <shmage@xxxxxxxxxxxx>
> "If its a billion dollars being divided at 1000/1 everybody, I'm sure,
> would take the one."
>
> Hmm, not sure I get this. You mean if there is a player that can  
> divide
> 1000000000 dollars amongst 1000 people? Or one player that gets $1b  
> and
> gives a thousandth to the second player?
>
You have the billion.  Its *real* money. You offer me the million if I  
let you keep the rest (otherwise the whole truckload is dumped into  
the mouth of an active volcano). I take the million.  Maybe Carlos  
Slim doesn't.
>
> ...As to whether the game is played, forgive me if I naively assume  
> you're
> asking if this is more than a Gedankenexperiment, in which case, it  
> seems
> that economics and psychology departments do indeed arrange this  
> kind of
> experiments from time to time...
>
Sounds then as if they're using monopoly money, unless some crazy  
potentate wants to throw a lot of moolah around for no purpose. And  
then who gets the cash when there's no acceptance?  And who gets to  
"play?" And who's the auditor?

Shane Mage

"Thunderbolt steers all things...it consents and does not consent to  
be called Zeus."

Herakleitos of Ephesos




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