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In: Economics

Question 1 Find a ‘real world situation’ in which a non-cooperative game occurs in politics, business,...

Question 1

Find a ‘real world situation’ in which a non-cooperative game occurs in politics, business, commerce, group work etc Identify the Nash equilibria (if any). Discuss the merits of various stratagies. In the ‘real world’ is your game played once between the participants or played again and again? How might this influence the strategies used.

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Rahul Sunny answered 1 year ago
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