Question
a) Which factors influence the bargaining outcome in the Rubinstein formulation of the bargaining problem? b) What is the connection between the Rubinstein bargaining solution
a) Which factors influence the bargaining outcome in the Rubinstein formulation of the bargaining problem?
b) What is the connection between the Rubinstein bargaining solution and the Nash bargaining solution? Explain your answer by drawing a sketch of the bargaining set and the different solutions.
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
