8. Consider what would happen in the ultimatum game (with offers between $0 and $10) if the...
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8. Consider what would happen in the ultimatum game (with offers between $0 and $10) if the Responder were able to fully commit in advance. It would be as if the Responder had moved first; he would declare which offers he plans to accept, and which he plans to reject. This means that the so-called “Responder” is now the player who gets to declare an ultimatum. Describe the equilibrium in this game.
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