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Consider the one-time, static bargaining game in pure strategies depicted in Figure 1 in which labor and management are bargaining over the distribution of $200

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Consider the one-time, static bargaining game in pure strategies depicted in Figure 1 in which labor and management are bargaining over the distribution of $200 in wages paid to the company?s workers.There are two possible bargaining positions: bargain hard and accommodate.This game has __________ pure-strategy Nash equilibria.

a.

2

b.

1

c.

0

d.

4

e.

3

image text in transcribed
Labor Bargain hard Accommodate Bargain hard {0. 0) (150, 50] Management Accommodate (50, 150) (100, 100) Payoffs: (Management. Labor] FIGURE 1

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