Victor and chris are playing a game both are supposed to, Ask an Expert

Economics

Victor and Chris are playing a game. Both are supposed to call a number simultaneously and the number should be bigger than or equal to 0. Assume that Victor's number is x and Chris's number is y. If x>y, Chris wins and Victor should pay Chris $y. If y>x, Victor wins and Chris should pay Victor $x. If x=y, both gets $0. Find out a Nash Equilibrium of this game.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91847930

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