Business, 28.11.2019 05:31, fespinoza019

Suppose you and a classmate are playing a game where your classmate proposes a division of $1.00. then, you either accept or reject the offer. if you accept, then you and the classmate get the proposed portions of the dollar. however, if you reject theoffer, then you and your classmate receive nothing.
suppose your classmate offers you $0.12
what is your optimal strategy?
your optimal strategy is to the proposed division.
a. accept
b. reject
now suppose instead that you propose the division of the dollar. your classmate will then accept or reject your division. if the classmate accepts, then you each receive the portion of the dollar as you have proposed. however, if your classmate rejects, then you both get nothing.
your optimal strategy is to offer your classmate $ (enter a numeric response to two decimal places)

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 17:30, nikki8240

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting

Answers: 2

continue

Business, 22.06.2019 19:00, EllaSue

Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.

Answers: 3

continue

Business, 22.06.2019 21:30, robert7248

Consider the following three bond quotes; a treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. if the treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? multiple choice $872.50, $1,000, $1,000, respectively $1,000, $1,024.20, $1,001.45, respectively $872.50, $1,024.20, $5,072.50, respectively $1,000, $1,000, $1,000, respectively

Answers: 3

continue

Business, 22.06.2019 22:00, ugh788o02

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.

Answers: 3

continue

Do you know the correct answer?

Suppose you and a classmate are playing a game where your classmate proposes a division of $1.00. t...