More on Rationality

Found this article today on the Ultimatum Game, which I wrote about before. It's interesting, and some of the variations they made on the game refute a few of the ideas I suggested.

But I still stand by the idea that people aim to maximize their own utility. So even in the modified Ultimatum Games, people will reject low offers, simply because they don't feel it's fair, and they're essentially buying off their social "comfort" (for lack of a better word).

I don't know, I just find this stuff really interesting. Starting study of Game Theory tomorrow in Econ 101, so maybe I'll have some more interesting things to talk about shortly.


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