In a Bargaining Setting with Perfect Information

question 39

Multiple Choice

In a bargaining setting with perfect information:

• A) backward induction determines the equilibrium outcome.
• B) there may be many possible equilibrium outcomes.
• C) the equilibrium outcome calls for a 50-50 split of the "pie."
• D) the situation represents a constant-sum game.
• E) there is a dominant strategy equilibrium.