Question 1
What does time preference mean in bargaining?
Question 2
A more impatient bargainer is generally more likely to do what?
Question 3
Compared with an impatient bargainer, a patient bargainer is more willing to do what?
Question 4
If one bargainer is much more impatient than the other, who is usually under more pressure to reach an agreement quickly?
Question 5
When an agreement is delayed and both sides are impatient, what often happens to the attractiveness of the deal?