In the Real World, Wage Negotiations May Avoid Numerous Rounds

Multiple Choice

In the real world, wage negotiations may avoid numerous rounds of offers and counteroffers:

A) because the company can simply offer the split that would eventually occur if the two sides played all the rounds.
B) because neither a company nor employees can afford to not work for that long.
C) unless the employees play an ultimatum game using a union to negotiate.
D) None of these statements are true.