Algebra is not intuitive. How can we conceptualize the bargaining problem from last lecture?
Takeaway Points
- Suppose the states are bargaining over a strip of territory. Then there exist borders such that both states prefer those borders than to fighting.
- Again, why do states fight and not just draw the border in a more efficient location?
![warcover](https://gametheory101.com/wp-content/uploads/2015/12/warcover-300x191.jpg)