In this workshop, participants experience the Ultimatum Game — a simple yet powerful simulation in which one player proposes how to split a sum of money and the other chooses to accept or reject the offer. Through this activity, participants discover that real market behavior goes beyond pure self-interest, echoing Adam Smith's insight in The Theory of Moral Sentiments that humans are naturally guided by sympathy and a desire for mutual approval. The debrief connects the simulation to the broader argument that free markets don't undermine moral values — they depend on them.
September 9, 2026
7:00 - 8:30 pm
Virtual
By Foundation for Teaching Economics
This program is presented as part of Burton D. Morgan Foundation’s 2026 Speaker Series on Free Enterprise
*Note: There is a $25 fee for this course. However, a $50 stipend will be provided to all participants who attend and participate in the program. Also, to register, you will be prompted to set up an account. While this program is aimed at educators, the material is relevant to all and everyone is welcome to attend!