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a) explain why Nash equilibrium represents a plausible outcome of a game.

b) Suppose that your opponent is not playing her Nash equilibrium strategy. Should you play your Nash equilibrium strategy? why or Why not?

c) Choose from the following the reason or reasons to adopt a Nash equilibrium strategy. Make your choice as complete as possible and support your decision

Even if the other player knows my strategy, she cannot take advantage of that information.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9448508

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