Nash bargaining) Consider a Nash bargaining problem (H, d) where d = (1,0) and H = {u = (u1, u2) : u21 + u2 ≤ 3, u1 ≥ 0 and u2 ≥ 0}. The (Nash) solution to this problem is u∗1 = 3/2 and u∗2 = 3/4. Determine whether this statement is true or false and explain why you think so. (You need not verify the second order condition.) [Hint: The solutions of the quadratic equation ax2 + bx + c = 0 are √ x = (−b ± b2 − 4ac)/(2a).]
Answers
Answered by
3
Answer:
i think ans is help you thanks
Attachments:
Answered by
0
Nash bargaining) Consider the problem of Nash bargaining (H, d) when d = (1, 0) and H = {u = (u1, u2) are:
- John Forbes Nash was the first to study collaborative communication.
- His solution is called the Nash bargaining solution.
- It is a unique solution to a two-person negotiation problem that satisfies the axiom of consistency, balance, efficiency, and independence of non-essentials.
- Decide whether the statement is true or false.
- Change each false statement to make it a true statement.
- If the number is not divisible by 5, then it is not divisible by 10 Statement.
Similar questions