Question: Problem 1. (6 Points total) Two players are arguing on how to split a dollar and they engage in strategic bargaining. Each period consists of

Problem 1. (6 Points total) Two players are

Problem 1. (6 Points total) Two players are arguing on how to split a dollar and they engage in strategic bargaining. Each period consists of one player making an offer and then the other accepting or rejecting it. Each period passing erodes the dollar by a discounting factor of 0

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