Game Theory 101: Bargaining & Costly Delays

[@Gametheory101]

Yes, and Didi is Tommy's mother in the series as well.

[@spa9876]

First of all, great video as always. Second, I have to know if you got the names Angelica and Tommy from the show Rugrats.

[@chizobaobi2625]

Thanks for your videos! Just wondering, if Angelica had a negative terminal payoff (i.e. payoff from permanent disagreement), can Tommy make a negative offer in equilibrium?

[@Gametheory101]

By the rules of the game, Tommy is constrained to only making non-negative offers. So, in short, no.

[@chizobaobi2625]

Thank you...but if this were not the rule of the game such that any offer x,y ∈ [-c,12], where c>0, and say there is a dis-utility from not consuming cookies, then would it be feasible to make a negative offer? I guess my question is: can a negative offer be feasible in any bargaining context if its part of the rules, particular when there exists a negative outside option or terminal payoff?