Suppose payoffs are as in exercise 24a.8 except that player 2s payoff from playing Down is 10
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Suppose payoffs are as in exercise 24a.8 except that player 2’s payoff from playing Down is 10 less than before (regardless of what player 1 does). Is there a dominant strategy equilibrium? Is there a unique Nash equilibrium? If so, is it efficient?
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Related Book For 
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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