6.1 Create an example to illustrate the Nash equilibria for the battle of the sexes game described...

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6.1 Create an example to illustrate the Nash equilibria for the battle of the sexes game described in footnote 13. Discuss whether this game and equilibrium concept make sense for analyzing a couple’s decisions. How might you change the game’s rules so that it makes more sense? (Hint: In this game, the individuals pick a vacation spot simultaneously without consulting each other.)

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Microeconomics

ISBN: 9780133456912

7th Edition

Authors: Jeffrey M. Perloff

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