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Scenario: Alex Puts $100 on the Table

question 137

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Scenario: Alex puts $100 on the table. Bob chooses either to take $51 for himself and $49 for Clare or pass. If Bob passes, then Alex adds another $2 and Clare chooses either to take $52 for herself and $50 for Bob or pass. If Clare passes, then Alex adds another $2 and Bob chooses either to take $53 for himself and $51 for Clare or pass, and so on. In other words, a player chooses either to take $2 more for himself/herself or pass, and, every time a player passes, Alex adds another $2. The game ends if $200 is on the table or either Bob or Clare chooses not to pass before that. If the amount on the table reached $200, then Bob and Clare get $99.99 each (Alex takes two pennies back) . The figure below shows the extensive form of this game. Bob's payoff is written first and Clare's second.
Scenario: Alex puts $100 on the table. Bob chooses either to take $51 for himself and $49 for Clare or pass. If Bob passes, then Alex adds another $2 and Clare chooses either to take $52 for herself and $50 for Bob or pass. If Clare passes, then Alex adds another $2 and Bob chooses either to take $53 for himself and $51 for Clare or pass, and so on. In other words, a player chooses either to take $2 more for himself/herself or pass, and, every time a player passes, Alex adds another $2. The game ends if $200 is on the table or either Bob or Clare chooses not to pass before that. If the amount on the table reached $200, then Bob and Clare get $99.99 each (Alex takes two pennies back) . The figure below shows the extensive form of this game. Bob's payoff is written first and Clare's second.    -Refer to the scenario above.If the game reached Clare's turn with $198 on the table,she should ________. A)  end the game B)  either pass or end the game C)  pass D)  neither pass nor end the game
-Refer to the scenario above.If the game reached Clare's turn with $198 on the table,she should ________.


Definitions:

Leadership

Leadership is the act of guiding or influencing others towards achieving common goals through vision, inspiration, and effective management of resources.

Influence

The potential to shape the attributes, progression, or responses of a being or item, or the shaping force itself.

Ethical Altruistic Leader

A leader who prioritizes ethical behavior and the welfare of others, often acting out of selflessness and concern for the well-being of the group.

Destructive Leader

A leader who exhibits behaviors that result in harm or detriment to their followers or organization.

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