_________ originally took the position that his model constituted a positive theory and that it would describe actual bargaining outcomes, but it is now much more common to give a normative interpretation to the analysis and to treat the ______ solution as a "desirable" outcome of the bargaining process.

Question

Quizplus · Accepted Answer

The statement is referring to the Nash bargaining solution, which is named after John Nash. Option B is the only one that mentions Nash.

_________ Originally Took the Position That His Model Constituted a Positive