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suppose a manager player 1 and a worker player 2 have a contractual relationship with the following technology of
suppose that shtinki corporation operates a chemical plant which is located on the hudson river downstream from the
discuss a real-world example of a contractual situation with limited verifiability how do the parties deal with this
in the envelope game there are two players and two envelopes one of the envelopes is marked player 1 and the other is
this exercise will help you see that subgame perfection does not embody the notion of forward induction presented at
consider the following gamea how many proper subgames does this game haveb solve the game by backward induction and
regarding the dynamic monopoly game can you find ownership values for hal and laurie that make scheme a optimal can you
consider a variation of the limit-capacity model analyzed in this chapter suppose that instead of the firms entry
continuing with the advertising model suppose the firms compete on price rather than quantity that is quantity demanded
consider the model of advertising and cournot competition analyzed in this chapter suppose the two firms could write an
chomp is a game in which two players take turns choosing cells of an m times n matrix with the rule that if a cell has
consider a three-player version of chomp play rotates between the three players starting with player 1 that is player 1
consider a board game played on an m times n matrix player 1 has an unlimited supply of white chips and player 2 has an
calculate the standard bargaining solution for the following variations of the jerry-rosemary example in this chapter
consider the setting of this chapters guided exercise suppose john can invest some of his free time either enhancing
discuss a real-world example of negotiation in terms of maximized joint value bargaining weights and a disagreement
suppose that you must bargain with another party over how to realize a large joint value explain why you care about
consider another version of the game between carina and wendy where carina selects any effort level e on the job assume
suppose the president of the local teachers union bargains with the superintendent of schools over teachers salaries
consider a three-player bargaining game where the players are negotiating over a surplus of one unit of utility the
in experimental tests of the ultimatum bargaining game subjects who propose the split rarely offer a tiny share of the
here is a description of interaction between two players who are considering a possible business partnership first the
suppose that the speed limit is 70 miles per hour on the freeway and that n drivers simultaneously and independently
consider a game in which simultaneously player 1 selects a number x isin 0 6 and player 2 selects a number y isin 0 6
consider the following normal-form gamea determine the set of rationalizable strategies for this gameb the game has