EXERCISE 183.2 (Subgame perfect equilibria of the ultimatum game with indivis- ble units) Find the subgame perfect equilibria of the variant of the ultimatum game in which the amount of money is available only in multiples of a cent.

Microeconomic Theory
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ISBN:9781337517942
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Chapter7: Uncertainty
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EXERCISE 183.2 (Subgame perfect equilibria of the ultimatum game with indivis-
ible units) Find the subgame perfect equilibria of the variant of the ultimatum
game in which the amount of money is available only in multiples of a cent.
Transcribed Image Text:EXERCISE 183.2 (Subgame perfect equilibria of the ultimatum game with indivis- ible units) Find the subgame perfect equilibria of the variant of the ultimatum game in which the amount of money is available only in multiples of a cent.
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