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Question: Consider the finite-horizon alternating-offers bargaining model in which the last period T is eve...

Show transcribed image text Consider the finite-horizon alternating-offers bargaining model in which the last period T is even. Find the (unique) SPE outcome and discuss its limiting properties.

Consider the finite-horizon alternating-offers bargaining model in which the last period T is even. Find the (unique) SPE outcome and discuss its limiting properties.