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This question will concern Nash Bargaining. (a) Show that when two agents are splitting a surplus...

This question will concern Nash Bargaining.
(a) Show that when two agents are splitting a surplus X and agent i agent has bargaining parameter ?, the share ?i of the surplus that agent i gets will be equal to ?.
(b) Consider a problem of Nash Bargaining in which an employer bargains with a worker. The worker has outside wage offer w^0 from another firm, is paid wage w by the firm bargaining, and produces profit ? for the firm that’s bargaining. The firm has bargaining power ? and the worker has bargaining power 1 ? ?. What is the solution of the Nash Bargaining problem?

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