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Game Theory： Representative models in the monopoly analysis include Cournot, Stackelburg, Bertrand, etc. Please explain to...

Game Theory：
Representative models in the monopoly analysis include Cournot, Stackelburg, Bertrand, etc. Please explain to Cournot, Stackelburg and write simultaneous game and Extensive Form respectively. What are the strategies of the two players? How to determine payoff?

Find the Nash Equilibrium for the above games.

（simultaneous game use game tree to show plz）

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Expert Solution

Rahul Sunny answered 2 years ago
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