Question: 25.(25 pt) Consider a bargaining game where a perfectly divisible total of 100 TL is to be divided between two players, say Rebecca and Peter.

 25.(25 pt) Consider a bargaining game where a perfectly divisible total

25.(25 pt) Consider a bargaining game where a perfectly divisible total of 100 TL is to be divided between two players, say Rebecca and Peter. Peter moves first and decides between "si- multaneous" and "sequential. If he chooses the former, then each of them tells a money amount for himself (herself). If the sum of those does not exceed 100, then each of them receives what he/she says. Otherwise, neither of them receives a money. If he chooses the "sequential", then Peter first picks a money amount for himself, and theri Rebecca observes it, and then se pocks an amount for herself. The division rule is the same as above. . Draw the game tree. 4. Find out the Subgame perfect Nash equilibrium of the game

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