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The payoff matrix shown below describes the strategic situation faced by two students in a class who supply effort independently and simultaneously to a team
The payoff matrix shown below describes the strategic situation faced by two students in a class who supply effort independently and simultaneously to a team project. In any pure-strategy Nash equilibrium, both workers choose the same effort level. Student 2 High effort Low effort Student 1 High effort (10, 10) (9, 12) Low effort (12, 9) (0, 0)
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