Post
Topic
Board Economics
Re: The Ultimatum Game
by
tomcollins
on 21/04/2011, 20:56:47 UTC
I find spite to be irrational.

All human emotions are nonrational, not irrational. If I tried to spite you by burning my house down and leaving yours completely unharmed, that would be irrational. Anyways, the difference between outright charity and taking advantage of a position of power has been explained to you. I'm sorry if you can't/won't see it.

What's wrong with taking advantage of a position of power so long as you are not harming someone?  If you are playing poker and get AA, do you fold because you might be taking advantage of your position of power?