B what is the nash equilibrium of the game o nash

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b. What is the Nash equilibrium of the game? o Nash equilibrium would be met if both parties higher lawyers or if neither side highers a lawyer. c. Would the sides want to ban lawyers? o Yes, both sides would want to ban lawyers because both parties would have greater profit from the result. 16-2 Airline Merger American Airlines and British Airways are proposing to merge. If different unions represent British pilots and American pilots how would this merger affect airline costs?
16-3 House Closing You ve entered into a contract to purchase a new house, and the closing is scheduled for next week. It s typical for some last-minute bargaining to occur at the closing table, where sellers often try to tack on extra fees. You have three options for the closing: (1) attend yourself, (2) send an attorney authorized to close only per the previously negotiated terms, or (3) pre-sign all the closing documents per the current terms and not attend the closing. Which of these would be most advantageous from a bargaining position?

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