I am a securities trader with a business degree, and I wonder if we are like normal people.
Let’s find out.
Imagine $10 has to be split between two people who will never meet each other. The first person can propose how the money will be split and if the second person accepts the proposal then that is how it is distributed. But if the second person refuses then neither gets anything.
Although this should be enough to understand the question, you might enjoy reading this article in Quartz called Can You be Greedy Without Being Selfish.
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