Question

Which of the following, according to Nash's theorem, is a property of the unique solution obtained?

A) Unique point maximizes the geometric average of the gains available to people as measured against their reservation points.

B) The agreement point, u, of a negotiation will not satisfy the independence of irrelevant alternatives axiom.

C) The bargaining process might yield outcomes that both people find less desirable than some other feasible outcome.

D) The Pareto-optimality and symmetry axioms are not used to define the agreement points of a symmetrical game.

Answer

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