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Business, 19.11.2019 02:31 nakuhernandez

Consider a simultaneous move game between a union and a company. if both the parties bargain hard, each would gain nothing. if only one party bargains hard the accommodating party gets a profit of $1 million while the bargaining party gets a $5 million, while if they both accommodate, they each get $3 million. what would be the nash equilibrium of this game?

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Consider a simultaneous move game between a union and a company. if both the parties bargain hard, e...
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