Wednesday

November 26, 2014

November 26, 2014

Posted by **Tasa** on Saturday, November 27, 2010 at 2:22pm.

a) if c=0, what is the equilibrium outcome? what if c=80? c=10?

b) what happens if c=0, but Jones is very emotional and would spit S's face and throw the 100 dollars to D if S proposes S=100? Assume here that S knows J's personality perfectly.

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