Multiple Choice

In a bargaining game, one person (the Proposer) has $100 and makes a simultaneous, identical offer to two other people (the Responders). If at least one Responder accepts, the deal is made with the accepting Responder(s). If both reject, no one gets anything. Which of the following statements best analyzes why a Responder's individual bargaining power is significantly weaker in this scenario compared to a one-on-one negotiation?

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Updated 2025-10-07

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