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GAME THEORY Problem HA]: Consider a house seller selling price Is 15,D at least and for buyer will pay at most $15G.D with a disoount
GAME THEORY
Problem HA]: Consider a house seller selling price Is 15,D at least and for buyer will pay at most $15G.D with a disoount factor :5 = [1.3. Assume there are two rounds and the buyer will start offering to the seller. Assume that buyer in case of equal payoffs he'll accept the offer and he prefers to reach agreement. Assume players rational and looking forward. Find bargaining amount and the solution for gameStep by Step Solution
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