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Consider any two-player game of the following type: player II AB A (a, a) (b, c) B (c, b) (d, d) Compute optimal safety strategies
Consider any two-player game of the following type: player II AB A (a, a) (b, c) B (c, b) (d, d) Compute optimal safety strategies and show that they are not a Nash equilibrium. Compute the mixed Nash equilibrium and show that it results in the same player payoffs as the optimal safety strategies
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
