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What is the criterion of unimprovability? Why is it useful? 2. Define a symmetric strategy profile (of the form that we have frequently discussed) in

What is the criterion of unimprovability? Why is it useful? 2. Define a symmetric strategy profile (of the form that we have frequently discussed) in which firms play (L,L) along the equilibrium path. For what values of does the constructed profile define a subgame-perfect Nash equilibrium

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