explaining the strategic view of bargaining. Present a numerical example and discuss how each player would make decisions.

The following represents the potential outcomes of your first salary negotiation after graduation: Assuming this is a sequential move game with the employer moving first, indicate the most likely outcome. Does the ability to move first give the employer an advantage? If so, how? As the employee, is there anything you could do to realize a higher payoff?  

Which of the following problems makes it difficult to interpret human experiments using cooperation games based on economic game theory? If you compare humans from different cultures, you get different results which defeats the purpose. These games do not test human behavior under conditions that are ecologically realistic. Economic game theory assumes that humans are selfish, but actually we are cooperative. Humans choose to cooperate because they are related.

The payoff matrix depicts potential payoffs in a non-sequential, non-repeating game. Blue numbers are for Player 1 and red numbers are for player 2. (This exact payoff matrix appears in 3 other questions on this exam.). The cooperative (collusive) equilibrium is: Player 1 (70,80) 0000 (30,20) (40,40) (10,90) Strategy C Strategy D Player 2 Strategy A 40, 40 10,90 Strategy B 30, 20 70, 80

Present an example of a prisoner’s dilemma in your own life. Describe the “cooperative” action for each player that involves trusting the other in some sense. Explain why mutual cooperation will lead to an outcome that is preferred to mutual defection. Describe why there is an incentive for each to defect, or not cooperate, or not be trustworthy. Discuss what might be done to promote mutual cooperation, or what is done.

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Describe some win-lose outcomes, where one person prevailed over the other, that might have been less satisfying in this situation.

Player 1 is an Internet service provider and Player 2 is a potential customer. They consider entering into a contract of service for a period of time. The provider decides between two levels of service: High or Low. The potential customer decides whether to Buy or Not Buy. When the potential customer calls customer service, the Internet service provider makes the initial offer.The potential customer then decides whether to Buy or Not Buy. Let’s say that the interaction ends after the potential customer makes their decision. Please set up the extensive form according to the following outcomes: i. If the Internet service provider offers Low and the potential customer doesn’t buy, they both make off with 1. ii. If the Internet service provider offers Low and the potential customer buys, the Internet service provider makes off with 3, and the customer receives 0. iii. If the Internet service provider offers High and the potential customer doesn’t buy, the Internet service provider makes…

This is game theory question/ Quantity Competition and Nash Equilibrium. There are two pictures below. One has the question and the other one includes the answer. I need step by step solution to how they came up with numbers shown in the solution. Thank you

Game Theory / Economics