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The year is 2005 andSony and Toshiba are considering developing competing technology standards for high definition movies. Sony's standard would be called Blu-Ray and Toshiba's
The year is 2005 andSony and Toshiba are considering developing competing technology standards for high definition movies. Sony's standard would be called Blu-Ray and Toshiba's would be HD-DVD. Each company's payoff for a given choice directly depends on the choice the other firm makes. These payoffs are summarized below:
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