Question
Follow the same notation as in class. Consider the following game regarding the decision to hold (H), not hold (NH) a currency. Do you think
Follow the same notation as in class. Consider the following game regarding the decision to hold (H), not hold (NH) a currency. Do you think that this sort of game may be useful to explain current trends in commodity prices like the price of silver? Why or Why not?
Firm B
H | NH
H 1,1 -1,0
NH 0,-1. 1,1
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Economics
Authors: Roger A. Arnold
12th edition
978-1305758674, 1305758676, 978-1285738321
