ABSTRACT
Since Bi - C, - Dt > 0 in the Nash solution and B{ > 0, it follows from (3.5)—(3.6)
where
(3.7)
(3.8)
the heavily drawn portion of L.11 The Nash bargaining solution in Fig. 3 is defined by the tangential point between the payoff function EF and a hyperbola with origin D (not drawn in Fig. 3).
