Mathematics, 24.03.2020 02:09 jojojolie6505
Suppose Alice and Bill make their decisions separately and simultaneously, so that each must decide what to do knowing the available choices and payoffs but not what the other has actually chosen. How many potential equilibria are there? (Hint: To see whether a given combination of strategies is an equilibrium, ask whether either player could get a higher payoff by changing his or her strategy.)
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Suppose Alice and Bill make their decisions separately and simultaneously, so that each must decide...
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