To analyze the bargaining problem more concretely, we need to add structure to the interaction.
Takeaway Points
- Even when one state has all of the bargaining power and can make a take-it-or-leave-it offer, mutually preferable settlements still exist.
- Using this model, we can explain why states will not reach those mutually preferable settlements.
![warcover](https://gametheory101.com/wp-content/uploads/2015/12/warcover-300x191.jpg)