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Consider the infinite horizon version of the alternating offer bargaining game in question 1, maintaining the assumption that the players have different discount factors. (a)
Consider the infinite horizon version of the alternating offer bargaining game in question 1, maintaining the assumption that the players have different discount factors. (a) Solve for the unique SPNE of this game. (b) How do the player's values in this unique SPNE relate to their discount factors? Consider the infinite horizon version of the alternating offer bargaining game in question 1, maintaining the assumption that the players have different discount factors. (a) Solve for the unique SPNE of this game. (b) How do the player's values in this unique SPNE relate to their discount factors
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