B.2 Relative Patience Question 3: The collective bargaining agreement (CBA) of the National Basketball Association (NBA) is the contract between the NBA (the commissioner and the 30 team owners) and the Players (the members of the NBA Players Association) that dictates revenue distribution, among other things. A forecast shows that basketball-related revenue is expected to be $400 million in each of the 5 months of the upcoming season (December, January, February, March, April) if the Players play for the NBA. The deadline for an agreement about the distribution of that revenue between the NBA and the Players for the upcoming season is Thursday, August 4. Both the NBA and the Players know that, if the Players do not play for the NBA, then the NBA gets zero revenue, and the Players can earn $90 million revenue per month (in December, January, February, March, April) playing other sports, or playing in other countries, or acting. On Monday, August 1, the NBA confronts the Players over revenue distribution. The NBA presents its offer of how much the Players receive of the revenue for each of the five months of the upcoming season. The Players either accepts that offer or reject it and