Use the Following Setup

question 70

Multiple Choice

use the following setup
Consider a sequential game between a shopkeeper and a haggling customer.The party who moves first chooses either a high price ($50) or low price ($20) and the second mover either agrees to the price or walks away from the deal and neither party gets anything.Ignore costs and assume the customer values the item at $60.
-​If the shopkeeper goes first and quotes a low price,what is the best response of the customer?

• A)​Accept the low price happily
• B)Walk away from the deal
• C)Slam the storeowner's door on the way out
• D)​Laugh at the storeowner

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Definitions:

Slut Stigma

The negative labeling and judgement of individuals, typically women, based on perceived sexual behavior or attire, contributing to gender discrimination.

Public Gender Performance

The expression of one's gender identity in public spaces, through behavior, dress, and interaction, as understood within the context of societal norms.

Private Sexual Practices

Personal behaviors and activities related to sexuality that individuals engage in privately.

Slut Discourse

Conversations and societal narratives that shame or blame individuals, typically women, for their sexual behavior or assumed sexual behavior.