[MINI] Bargaining
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Bargaining is the process of two (or more) parties attempting to agree on the price for a transaction. \\xa0Game theoretic approaches attempt to find two strategies from which neither party is motivated to deviate. \\xa0These strategies are said to be in equilibrium with one another. \\xa0The equilibriums available in bargaining depend on the the transaction mechanism and the information of the parties. \\xa0Discounting (how long parties are willing to wait) has a significant effect in this process. \\xa0This episode discusses some of the choices Kyle and Linh Da made in deciding what offer to make on a house.
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