Digital economy

Name: ......... Student ID: 5. Among several policies, the government is sponsoring the Electrical Vehicle Program for car manufacturing companies; i.e. A, B and C. The offered incentives are: In case all companies join the program, every company will get $40M; In case only one company joins the program, each will get $10M and the others will get $20M each. In case two companies join, each will get $10 and the others $60M. If none join the program, each will $30M. 5.1 Write down payoff matrices of the three companies. (10 points)|