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We have two department stores: Gacey's and Mimbel's. Each of the two stores has to choose a location for its one store in Gotham City.
We have two department stores: Gacey's and Mimbel's. Each of the two stores has to choose a location for its one store in Gotham City. Each store will choose one of four location strategies: Uptown, Center City, East Side, or West Side. The payoffs (profits) are shown in the table below. a. Does either firm have one or more dominant strategies? Explain. OnIH NE 66 Payoff
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