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Or she could ask for more and obtain it, but given the defender's counter-offer, she must expect to fight for it with higher probability.
As a result, the challenger will accept the defender's counter-offer of y 0 with 43.9 per cent probability.
For example, battle costs will be instrumental in determining the value of the counter-offer that the challenger accepts with certainty.
These negotiations follow rule-based strategies, based on a utility function that evaluates each offer and counter-offer.
Overall, as risk aversion increases, the challenger accepts the defender's counter-offer with increasing probability, war is avoided with increasing probability, and the expected length of the crisis is reduced.
What he did was to bring back—admittedly in somewhat peremptory terms—the counter-offer of the miners.
Anybody who knows anything about these negotiations realises that in whatever terms that counter-offer was couched, it did not amount to a walk-out.
If we insist on ballots, we can go on extending a dispute while offer and counter-offer are made.
The employers put in a counter-offer.
We have had no counter-offer.
This cycle of proposition and counter-offer, mediated by the chair, can take a while.
Missives are letters the body of which contain proposed sale contracts and that negotiate terms, one missive at a time, essentially as an offer and counter-offer.
Owing to the lack of common rules on tax policy issues, tax competition with its offers and counter-offers of low tax rates creates problems.
It is on the basis of these nuclear arsenals that the disarmament offers and counter-offers have been made in recent months.