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Unformatted text preview: plays pass, the defense plays blitz, and the offense stays with the pass; and (10, -10) the offense plays pass, the defense plays blitz, and the offense switches to the run. if How many strategies do offense and defense have respectively? What is the nses ) Consider the following bargaining scenario. Player A and player B are bargaining equilibrium move for the offense at its initial decision node? What is the defe equilibrium strategy? 3 over an ice cream cake. Player A and B make alternating offers and Player A makes the first offer. If at any stage an offer is accepted they share the cake according to the accepted offer. In the first round 1/7 th of the cake melts. In the second and third and fourth rounds 2/7 th of the cake melts. Write down both players equilibrium offers at each stage of the bargaining game. What is the equilibrium split of the cake?...
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This note was uploaded on 04/02/2008 for the course ECON 398 taught by Professor Emre during the Spring '07 term at University of Michigan.
- Spring '07