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refer to images please Consider the case of a Wait-412mg; Consider the case of two households (Amber and Blatz), each can choose one of the

refer to images please

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Consider the case of a Wait-412mg; Consider the case of two households (Amber and Blatz), each can choose one of the two strategies --- cooperate or deviate. Cooperate BLATZ 14. 22 7, 83 Deviate Box 3 Box 4 37. 5 50. 80 Part 1: If Blatz chooses to cooperate, Amber's best strategy is to because is greater than Part 2: If Blatz chooses to deviate, Amber's best strategy is to because is greater than Part 3: If Amber chooses to cooperate, Blatz's best strategy is to because is greater than Part 4: If Amber chooses to deviate, Blatz's best strategy is to because is greater than Part 5: Is there a dominant strategy for Amber? 12/8/2020 Mount Royal University Part 6: Is there a dominant strategy for Blatz? Part 7: Is Box 1 a Nash Equilibrium? Part 8: Is Box 2 a Nash Equilibrium? Part 9: Is Box 3 a Nash Equilibrium? Part 10: Is Box 4 a Nash Equilibrium

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