0 → counter-bid :
Shares rose by 10.5p as speculation mounted of a counter-offer.
The state's power providers made a counter-offer of $700 million.
1 an offer that is made by one side in a disagreement after the other side has made an offer that is not acceptable:
2 a situation in which a company or organization offers an employee more money or a better job in order, for example, to try to prevent them moving to another company or organization where they have been offered a job:
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.
