Angry Madness
Today we are playing the Angry Negotiation Game in class. As an optional follow-up,
you may enter our Computerized Angry Negotiation Tournament. To do this, respond to
Professor McAdams’ email later today.
Description of Computerized Angry Negotiation Tournament
You will play a slight variation of the game played in class. After Rounds 1-9, people
get angry with probability 25% (rather than 10% after Round 1, 20% after Round 2,
etc..) After Round 10, however, we still assume that people get Angry for certain.
Furthermore, half of the overall population of remaining players will survive each round.
(You and your opponent might both survive or both perish.)
Gold Medal: bonus = 15% of total course grade
Silver Medal: bonus = 10% of total course grade
Bronze Medal: bonus = 5% of total course grade
How do you want your computer agent to play?
There are at most ten rounds. For each possible payoff you may get from yielding (M =
100, 200, or 400)1 specify how likely you will be to Yield in each round, if that round
is reached. (See Example on next pages.)
When M = 100 When M = 200 When M = 400
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7
Round 8
Round 9
Round 10
1 To keep things simple, I’ll use refer to you as Management. (This is business school, after all.) Half of
you will play as “Labor”, however, and half as “Management”, but you don’t know which.
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