In: Economics
Assume there are two newspaper companies, New York Times and Washington Post.
Given following payoff matrix of simultaneous game, answer the questions.
WP |
|||
NYT |
scandal |
Crisis |
|
Scandal |
20, 40 |
60, 40 |
|
crisis |
40, 70 |
50 , 100 |
(ex. Dominant strategy, (scandal, scandal))