Is there a name for this type of equilibrium, where a player can pre-commit in a way where the best response leaves the first player very well-off, but not quite optimally well-off? What about if it is a mixed strategy (e.g. consider the version of this game where the player who gave the larger number gets paid nothing).
Is there a name for this type of equilibrium, where a player can pre-commit in a way where the best response leaves the first player very well-off, but not quite optimally well-off? What about if it is a mixed strategy (e.g. consider the version of this game where the player who gave the larger number gets paid nothing).