Multiple Choice
The ultimatum bargaining game is a game in which:
A) the second player doesn't know the strategy choice of the first player.
B) the first player confronts the second player with a take-it-or-leave-it offer.
C) both players have a dominant strategy to cheat the other player.
D) both players give each other an ultimatum.
Correct Answer:
Verified
Correct Answer:
Verified
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