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If we look at a payoff matrix for Coke and Pepsi (Figure 2 in the textbook), the Nash equilibrium would be the box where: Pepsi

If we look at a payoff matrix for Coke and Pepsi (Figure 2 in the textbook), the Nash equilibrium would be the box where: Pepsi cooperates and Coke cooperates. Coke cooperates and Pepsi defects. Coke defects and Pepsi cooperates. Coke defects and Pepsi defects

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