In half the societies we study, people reject offers above 50%. We don't. Do Westerners do this? No. Typical student populations don't. There's some experiments from Sweden where you begin to see that growth of the tail. You get the highest amounts at 100% offers amongst non-student adults. And there you see the beginnings of this aversion to... So 50-50 is clearly the right thing to do. They're much less willing to punish on this side,. but it seems they have some taste for driving people back to 50-50.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode