| (3;2) (1;1) A (1;1) (2;3) Find NE in this game

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Two firms are merfing and they decide on which computer system to adopt.
Before Firm 1 used the system I and firm 2 used the system A. Here is a payoff
matrix
I A
I (3;2) (1;1)
A (1;1) (2;3)
Find NE in this game
Multiple answers are allowed, wrong answers are penalized!
a. (A,A)
Ob. (A, I)
O c. (1, A)
O d. (1,)
Transcribed Image Text:Two firms are merfing and they decide on which computer system to adopt. Before Firm 1 used the system I and firm 2 used the system A. Here is a payoff matrix I A I (3;2) (1;1) A (1;1) (2;3) Find NE in this game Multiple answers are allowed, wrong answers are penalized! a. (A,A) Ob. (A, I) O c. (1, A) O d. (1,)
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