Question

Suppose that the NFL and the NFL Players Association are negotiating on a new collective bargaining...

Suppose that the NFL and the NFL Players Association are negotiating on a new collective bargaining agreement. Each side has the options to either be mean or be nice in negotiations. Suppose we model the game as a simultaneous move game, depicted in the game box below. Note: The payoffs below are depicted as: (NFL payoff, Players Association payoff)

The Players Association

Be Mean

Be Nice

The NFL

Be Mean

15, 0

20, 10

Be Nice

10, 20

30, 15

a. What, if any, are the pure-strategy Nash equilibria? What are the payoffs for each side in the Nash equilibria?

b. Suppose this game were instead modeled as a sequential move game. Would there be first-mover advantage or second-mover advantage?

c. Assume that the Players Association moves first in the sequential version of this game. Is “Be Mean” a credible threat for the NFL? Why or why not?

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