Construct a pair of strategies for the ultimatum game

Reference no: EM131252521

Disagreement:

Construct a pair of strategies for the ultimatum game (T = 1 bargaining game) that constitute a Nash equilibrium and together support the outcome that there is no agreement reached by the two players and the payoffs are zero to each.

Show that this disagreement outcome can be supported by a Nash equilibrium regardless of the number of bargaining periods.

Reference no: EM131252521

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