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In a bargaining setting with perfect information: Question 4 options: 1) backward induction determines the equilibrium outcome. 2) there may be many possible equilibrium outcomes.
In a bargaining setting with perfect information: Question 4 options: 1) backward induction determines the equilibrium outcome. 2) there may be many possible equilibrium outcomes. 3) the equilibrium outcome calls for a 50-50 split of the "pie." 4) the situation represents a constant-sum game. 5) there is a dominant strategy equilibrium
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