Which of the Following,according to Nash's Theorem,is a Property of the Unique

question 34

Multiple Choice

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.

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Definitions:

Unconditional Promise

A commitment made without any stipulations or requirements for its fulfillment.

Relative Permanence

The quality of a negotiable instrument that ensures its longevity.

Signature

A person's handwritten mark or its digital equivalent used to signify agreement, consent, or identification.

Movability

The quality of a negotiable instrument that ensures it is mobile and available.