Find the spe outcome and discuss its limiting properties


Problem

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.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Find the spe outcome and discuss its limiting properties
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