The police wondered why Jay, an acquaintance of Adnan, would ever go along with that. However, some important recap:Īccording to Jay’s testimony, Adnan strangled Hae and then solicited the help of Jay to dispose of the body. I’m going to assume you have gone through the first season of Serial and know most of the background. It might not be so satisfied by the deal insofar as it relates to its disagreement with Iran. I mean that the Obama administration will be very satisfied by the deal insofar as it relates to its disagreement with Congress. The paper is a bit dated, but it gets the point across. That-combined with the fact that Obama only needs 34 senators to get this to work-means that the Obama administration is going to receivea very favorable deal for itself. They are going to make a big show about what they claim is an awful agreement, but they don’t have any say about the terms beyond an up/down vote. Congress is up in arms over the deal (hehe). Bargaining theory would therefore predict that the Obama administration will be very satisfied, while Congress will find the deal about as attractive as if there were no deal at all.Īnd that’s basically what we are seeing right now. The Obama administration controls dealings with Iran, giving it all of the proposal power. If Congress rejects the deal (which would require overriding a presidential veto), they can’t go to Iran and negotiate a new deal for themselves. Unfortunately for members of Congress, “negotiations” between the Obama administration and Congress are more like security deposits than haggling over the price of strawberries at a farmer’s market. This helps explain why renters often dread the move out. You could try suggesting a counteroffer, but the landlord doesn’t have to pay attention-you already have the check, and you need to decide whether that’s better than going to court or not. For example, when returning a security deposit, your former landlord can write you a check and leave it at that. In my book on bargaining, though, I point out that there are some prominent exceptions where negotiations take the form of an ultimatum game. That type of negotiations is called Rubinstein bargaining, and it ends with a even split of the pie. And if you don’t like that, nothing stops you from making a counter-counteroffer. If I don’t like the offer you propose me, I can always propose a counteroffer. Fortunately, in real life, people are rarely constrained in this way. After all, the outcomes are far from fair. This result makes a lot of people feel uncomfortable. In fact, even if negotiations can continue past a single offer, as long as a single person controls all of the offers, the receiver still receives none of the surplus. When two parties are trying to divide a bargaining pie and one side makes a take-it-or-leave-it offer, that proposer receives the entire benefit from bargaining. Recall the equilibrium of an ultimatum game. Rather, I just want to make a quick point about how the structure of negotiations greatly favors the Obama administration. Today’s post is not an attempt to give a full analysis of the Iran deal.
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