Unformatted text preview: 3. Binmore, Exercises 16.12.9 and 16.12.11. (You should assume for problem 11 that the breakdown point equals the disagreement point. I didn’t make this distinction in class.) For 16.12.11, incidate (separately) both the points that are weakly Pareto-efficient and strongly Pareto-efficient. 4. Binmore, Exercise 16.12.14. 5. Although no questions are based on lecture this week, be sure to start reading both Chapters 6 and 7 in the textbook....
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- Nash bargaining game, Rhodes Hall, Binmore, Game Theory Spring, wage bargaining problem