As an exercise in legal vocabulary, let us modify the facts about the contract in Figure and
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As an exercise in legal vocabulary, let us modify the facts about the contract in Figure and describe it differently. Assume that the first player offers to invest in exchange for the second player’s promise to cooperate, and the second player accepts by promising to cooperate. What is the “consideration” in this contract?
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Perform: invest I to make 2 (5, 5) Breach: return investment of I & pay damages of .5 Agent Invest 1 Principal Don't invest (0,0)
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