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The following is a classic normal form game that depicts the pricing rivalry between Intel and AMD for their newest top-of-the-line microchip. Each company considers
The following is a classic normal form game that depicts the pricing rivalry between Intel and AMD for their newest top-of-the-line microchip. Each company considers five possible price levels: $449, $399, $349, $299 and $249. They decide their prices simultaneously. Monthly profits in millions:
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