Your game theory tasks for Part 1 are as follows: For relevant knowledge and guidance for this task, read the following (freely-available) articles: 1. https://theconversation.com/strikes-how-do-they-work-194598 2. https://www.smh.com.au/culture/movies/from-ai-to-pay-and-residuals-what-s-the-tinseltown-dispute-about-20230717-p5dou5.html 3. https://edition.cnn.com/2023/11/08/media/sag-aftra-actors-strike-over/index.html 4, https://www.latimes.com/entertainment-arts/business/story/2023-06-29/what-to-know-sag-aftra-strike-actors-hollywood# [sift through relevant] You are to construct a relevant game tree for the 2023 Screen Actors Guild and American Federation of Television and Radio Artists (SAG-AFTRA) strike based on the 'ultimatum game'. You will need to identify the two players and make explicit your assumptions, with the following instructions in mind: = Specify who is 'Player 1' (the Proposer) and who is 'Player 2' (the Responder) for these two parties in a game tree. = Think of this as a sequentially played game with three rounds in total over time: o Each strategy has an associated payoff. o Inthis game, you will need to work out what the associated numerical (hypothetical) payoffs are. Use payoff integer values of 0 to 10. o Provide reasons for the payoff values you assign and what they symbolise. o Explain in words the game and each specific outcome you come across. = |nyour analysis, discuss the role of power and preferences amongst the players and how this affects the allocation, including a scrutiny of fairness in the resolution. 800 + 200 or so words should be sufficient