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Proposed: each player decide what to show by ipping his coin. Turns out: ( 175: H + 1A T, 1/5 H + 17% T} is
Proposed: each player decide what to show by ipping his coin. Turns out: ( 175: H + 1A T, 1/5 H + 17% T} is a mixed-state NE. Why? Analyze terms of best replies. Adopt Player 1's View. If Player 2 plays 9i H + 1/5. T, my expected pay off to H is : %*1+%*on=0
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
