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2. [Ch.17 U4] Let x be the amount that Player A asks for, and let y be the amount that Player B asks for, when
2. [Ch.17 U4] Let x be the amount that Player A asks for, and let y be the amount that Player B asks for, when making the first offer in an alternating-offers bargaining game with impatience. There rates of impatience are r and s, respectively. Let r=0.01 and s= 0.02. i.e., B is twice as impatient as A. In equilibrium, A gets x = C ) and B gets (1-x) when A makes the first offer. When B makes the first offer, B gets y= ( and A gets (1- y). = 2. [Ch.17 U4] Let x be the amount that Player A asks for, and let y be the amount that Player B asks for, when making the first offer in an alternating-offers bargaining game with impatience. There rates of impatience are r and s, respectively. Let r=0.01 and s= 0.02. i.e., B is twice as impatient as A. In equilibrium, A gets x = C ) and B gets (1-x) when A makes the first offer. When B makes the first offer, B gets y= ( and A gets (1- y). =
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