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using the standard bargaining solution to find the outcomes of the following bargainin problems. In each case, find the maximized joint value, determine the player's
using the standard bargaining solution to find the outcomes of the following bargainin problems.
- In each case, find the maximized joint value, determine the player's individual values, and compute the transfer t that the players select.
- In each case, graph the maximized joint value and the default outcome; report the chosen x, t as well as the player's individual payoffs.
(Could you please write down the formula that the question needed. Thank you!)
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