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What is the Commanders dominant strategy? 0 Advertise (in) Don't Advertise O They don't have a dominant strategy 0 Both strategies are dominant strategies QUESTION
What is the Commanders\" dominant strategy? 0 Advertise (in) Don't Advertise O They don't have a dominant strategy 0 Both strategies are dominant strategies QUESTION 3 Which of the following are Nash Equilibria (Commander's strategy is listed first)? |:| Advertise, Advertise [3 Advertise, Don't Advertise E] Don't Advertise. Advertise, |:| Don't Advertise, Don't Advertise 'escriptlon This homework will be based on the idea of league level advertising. We believe that when a team advertises, other teams benefit. To model this public goods problem, we can say that advertising costs $30 million, and when one team chooses to advertise, all teams make $25 million as a result of the increased demand for tickets. We can then express revenue for the Commanders and the Eagles using the following payoff matrix? Eagles Advertise Don't Advertise Advertise 20, 20 -5, 25 Commanders Don't Advertise 25, -5 0, 0
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