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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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