Differentiate between the two types of altruism
Differentiate between the two types of altruism.
42) Why do people donate less when it is costlier to give?
43) All charitable donations in Richland are tax-deductible. However, it was found that the volume of charitable contributions declined significantly when the income tax rate in Richland was lowered. What is the reason behind such an outcome? Explain with an example.
44) When does the second player in an ultimatum game reject the offer made by the first player?
45) The responder in an ultimatum game is likely to reject an offer of 10% of $1 but he is less likely to reject an offer of 10% of $100. What is the reason behind such inconsistent behavior?