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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.
-In the strategic view of bargaining the outcome depends on
Neurons
Specialized cells that convey nerve signals, serving as the fundamental components of the nervous system.
Nerves
Bundles of axons coated in myelin that travel together through the body.
Cerebellum
A region of the brain located at the back of the skull, playing key roles in motor control, coordination, and balance.
Reticular Activating System
A network of neurons located in the brainstem that plays a critical role in controlling arousal and alertness.
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