8. Which of thefllowingsatemens is fale? a. Accordingto the esuls o he oncooperativ, alenatingofer game, player agre n the quilbrium allocation of he suplus in te fistround. This holds fr the 2 prid altemating offe game just aswll as he n-period version of the same game. b. Inthe ininite pro, lenting oferbarganing game, playr's loctio should be inesly prporioa to his or her discount rate or ate of impatience. 6. The nonopertive gaethor aroac to arganin complemens th coperatv aproac sie help us understand the posblestrtogies bhind suchallocatons and solutons as gvn, for cample,by te Nash bagaining nule. d. In the lintum or plitcho dolargam, h sugame perfect qulibrium is to plit verythin fityfiy.
8. Which of thefllowingsatemens is fale? a. Accordingto the esuls o he oncooperativ, alenatingofer game, player agre n the quilbrium allocation of he suplus in te fistround. This holds fr the 2 prid altemating offe game just aswll as he n-period version of the same game. b. Inthe ininite pro, lenting oferbarganing game, playr's loctio should be inesly prporioa to his or her discount rate or ate of impatience. 6. The nonopertive gaethor aroac to arganin complemens th coperatv aproac sie help us understand the posblestrtogies bhind suchallocatons and solutons as gvn, for cample,by te Nash bagaining nule. d. In the lintum or plitcho dolargam, h sugame perfect qulibrium is to plit verythin fityfiy.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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