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a) Does this game have any pure-strategy Nash equilibrium? If so, identify it (or them) and explain why this is an equilibrium.

b) Find a mixed-strategy Nash equilibrium to this game and explain your calculations.

c) Is it possible to find another mixed-strategy Nash equilibrium, assuming that one of the players is adopting a pure strategy? If so, identify it and explain your reasoning.

Operation Management, Management Studies

  • Category:- Operation Management
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