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Find the subgame perfect equilibria of the variant of the ultimatum game in which all offers
must be integral multiples of a monetary unit that is small relative to the size of the pie. (For
example, the pie is of size $20 and all offers must be a multiple of $1.)

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Find the subgame perfect equilibria of the variant of the ultimatum g.pdf

  • 1. Find the subgame perfect equilibria of the variant of the ultimatum game in which all offers must be integral multiples of a monetary unit that is small relative to the size of the pie. (For example, the pie is of size $20 and all offers must be a multiple of $1.)