Graphical representation of the Nash bargaining problém: x, y - coordinates, which represent the payoffs of each player; S - the set of achievable payoffs bounded by a convex curve; d - the initial situation, we call it the point of disagreement, i.e. the distribution of payoffs in the event that the joint action did not occur

Positional investing and reforms in the socio-economic sphere on the example of the pension system in the Czech Republic

Figure 1 - Graphical representation of the Nash bargaining problém:

x, y - coordinates, which represent the payoffs of each player; S - the set of achievable payoffs bounded by a convex curve; d - the initial situation, we call it the point of disagreement, i.e. the distribution of payoffs in the event that the joint action did not occur

Graphical representation of the Nash bargaining problém: x, y - coordinates, which represent the payoffs of each player; S - the set of achievable payoffs bounded by a convex curve; d - the initial situation, we call it the point of disagreement, i.e. the distribution of payoffs in the event that the joint action did not occur

DOI: 10.23670/ECNMS.2023.3.3.1