The reason we study the non-strategic sequential labor negotiation game:

a. Is to show that these games usually go on for many rounds
b. Is to show the importance of the first mover being able to commit to an offer
c. Is to show the importance of the second mover being able to commit to an offer
d. Is to show the irrelevance of mover position, given that he is able to commit to a position

d

Economics

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