When considering a bargaining game, we determine the outcome of the game by:
A)Going to the end and working backwards.
B)Working forwards, considering each stage of the negotiation in turn.
C)Assume that a bargaining agent will only make and accept offers that are in their interest.
D)Assume that bargaining agents act irrationality.
E)a and C

Question

Quizplus · Accepted Answer

The correct approach to determining the outcome of a bargaining game involves going to the end and working backwards (backward induction) and assuming that a bargaining agent will only make and accept offers that are in their interest. This combines strategic foresight with rational self-interest.

When Considering a Bargaining Game, We Determine the Outcome of the Game