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Consider a game that differs from Matching Pennies only in that the outcomes of ( Head , Head ) and of ( Tail , Tail
Consider a game that differs from Matching Pennies only in that the outcomes of (Head, Head) and of (Tail, Tail) are that player 1 gains $2 and player 2 loses $1.
- (a) Show the normal form representation of this game
- (b) Find the steady state(s) of this game.
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Macroeconomics
Authors: Charles I. Jones
4th Edition
393603767, 393603768, 9780393616125 , 978-0393603767
