A two-player co-operative game has a payoff bi-matrix given by

5. a) A two-player co-operative game has a payoff bi-matrix given by (5, 1) ( 4, 3 ) (4, 4) (0, 1) (4, 0) (1, 7) Draw the attainment set for this game, indicating the Pareto-Optimal set. Calculate the status quo point for the game and the Nash bargaining payoffs. b) Find the threat bargaining solution of the game (0, 1) (4, 4) (4, 0) (1, 7))