Z bargaining solution

The Z bargaining solution is a method used in bargaining theory to determine a fair division of resources or benefits between two parties. Imagine two people want to share a pot of money; the solution suggests dividing it in a way that maximizes fairness based on their individual bargaining powers and possibly other factors. It finds an outcome that balances their interests, ensuring neither side can improve their share without harming the other. Essentially, it provides a systematic way to reach an equitable agreement that considers each participant's situation and negotiating strength.