Nash's bargaining theory specifies ________.
A) how to deal with irrational people during a negotiation
B) how negotiators should divide the pie
C) how negotiators can ensure personal growth
D) the measures of perfecting a rational model

Question

Quizplus · Accepted Answer

Nash's bargaining theory focuses on dividing a "pie" in a fair and efficient way between negotiators. It does not address irrational behavior, personal growth, or the perfection of a rational model.

Nash's Bargaining Theory Specifies ________