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For all of the calculations below, be sure to show your work for full credit on this question. In periods 1-6, you were randomly rematched
For all of the calculations below, be sure to show your work for full credit on this question. In periods 1-6, you were randomly rematched into groups of = 3 players at the start of each round. Furthermore, the marginal cost of effort was = 0.10. Therefore, player i's payoff in a given round was = min{ , , } 0.10 . What would player i's payoff be if all 3 players in the group chose an effort of 1.00 in the current round
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