In the real world,wage negotiations typically do not drag on for years:
A)because the company can simply offer the split that would eventually occur if the two sides played all the rounds.
B)because neither a company nor employees can afford to not work that long.
C)unless the employees play an ultimatum game using a union to negotiate.
D)None of these statements is true.

Question

Quizplus · Accepted Answer

The company can simply offer the split that would eventually occur if the two sides played all the rounds.

In the Real World,wage Negotiations Typically Do Not Drag on for Years