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1. In a Nash equilibrium of a game, (a) Each player receives the highest of all the possible payoffs in the game. (b) Each player

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1. In a Nash equilibrium of a game, (a) Each player receives the highest of all the possible payoffs in the game. (b) Each player receives the highest payoff among all his strategies, while xing the strategy of her opponent(s). (c) payoffs may be such that both players can gain by jointly choosing some other strategy combination. (d) Both (b) and (c)

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