Question: 3 * (Tadelis 11.5) Consider a 3-period sequential (alternating) bargaining model where two players have to split a pie worth 1 (starting with player 1

3 * (Tadelis 11.5) Consider a 3-period sequential (alternating) bargaining model where two players have to split a pie worth 1 (starting with player 1 making the offer). Now the players have different discount factors, 6, and 62. (a) Compute the outcome of the unique subgame perfect equilibrium. (b) Show that when 61 = 6, then player 1 has an advantage. (c) What conditions on 6, and &, give player 2 an advantage? Why

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