The Ultimatum Game describes a situation where there is value, in this case money, where it is offered to someone on the condition that the responder would have an ultimatum to either accept an offer as it is, or reject it, in which case the person making the offer and the responder receive nothing. From the Analysis of offers and responses presented in the table, when the offer is above 50% of the pot It would be safe to assume that the responders perceive as a very good deal and therefore, accept it. This can also suggest that the person making the offer was worried of a rejection which led him/her to give a higher percentage of the pot even more than 50%. However, At $16 to $25, the offer can be perceived as fair. Between $1 to $15, it is
