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Describe what it means to say a strategic game played with 2 players is in a Nash equilibrium.Then, describe the standard trust game, and identify
Describe what it means to say a strategic game played with 2 players is in a Nash equilibrium.Then, describe the standard trust game, and identify the Nash equilibrium.Explain why this equilibrium is a Nash Equilibrium.Finally, explain why people actually playing this game might not play as the Nash Equilibrium predicts.
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