Question
Suppose that the users of mobile phones have two options when it comes to operating system - Android or iOS. The network effects for an
"Suppose that the users of mobile phones have two options when it comes to operating system - Android or iOS. The network effects for an operating system maxes out at some critical number of users, which means additional users beyond that number do not enhance the value of using the operating system. Assume this critical number is 25, in which case the payoff to adopting Android is 10 min{A,25}, where min{A,25} is the smaller of the number of Android users and 25, and the payoff to using iOS is 100 + 10 min{i,25}. Assume that 50 consumers are deciding which operating system to adopt. Find all Nash equilibria and explain your answer ."
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