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Assume that Facebook and Linkedin Companies have to decide whether to invest in the development of application. If they both develop successfully the new application,
Assume that Facebook and Linkedin Companies have to decide whether to invest in the development of application. If they both develop successfully the new application, their profits will increase by 10 million a year. If only one develop the application, it will make 50 million a year in additional profits, whereas the profits of the other firm will drop by 15 million a year. If no firm develops the screen, the profits of the companies remains same which is 10 million. Based on given information, construct Matrix Representation of Facebook and Linkedin Companies game (15 points). In addition, based on given information, construct decision tree (Facebook chooses first)
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