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Unformatted text preview: uz) of utility allocations that constitute the bargaining set for this problem. (Hint: part of your answer is an equation that the pairs (u 1, U2) in the bargaining set must satisfy.) \J -4'~~ '2.-uz. ... ::Jr--"1-2---"3 (v, '\J) ~L ) ... (d) (10) C se the answer to part (c) to find the Nash bargaining so-lution for the problem in terms of a utility allocation for each player. (I think that you will find this part much easier if you use your answer to part (c) in the maximization view of the ~ ash bargaining solution, rather than the (t, r) characterization, but either approach is okay.) (e) (2) Determine the division of the $100 in terms of dollars. 7 , ....
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This note was uploaded on 02/06/2011 for the course ORIE 4350 at Cornell.