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27 April, 04:42

You play the following bargaining game. Player A moves first and makes Player B an offer for the division of $1000. (For example, Player A could suggest that she take $600 and Player B take $400 .) Player B can accept or reject the offer. If he rejects it, the amount of money available drops to $900 , and he then makes an offer for the division of this amount. If Player A rejects this offer, the amount of money drops to $600 and Player A makes an offer for its division. If Player B rejects this offer, the amount of money drops to $0 and player A keeps the $600. Both players are rational, fully informed, and want to maximize their payoffs. Which player will do best in this game?

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  1. 27 April, 04:57
    0
    36*0.06

    600

    there are 600 total members in the club.
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