Carlos and Darla are playing the dictator game. Carlos is assigned the role of dictator and given $20 to split between the two of them. Based on previous experiments with this game by behavioral economists, which is the least likely outcome?
A. Carlos will keep all of the money for himself.
B. Carlos will give all of the money to Darla.
C. Carlos will split the money evenly with Darla.
D. Carlos will split the money, keeping a little more than half for himself.
Answer: B
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A) sell securities in the future. B) buy securities in the future. C) hedge in the future. D) close out his position in the future.
A local charity has decided to solicit donations door-to-door. The table below shows estimated donations for each hour a volunteer spends in the city, in the suburbs, and on campus. Given the above information, how should a volunteer allocate 10 hours in order to maximize the amount of total donations?
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