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Unformatted text preview: viewing. The table below shows the choices and payoffs for the one-shot simultaneous, game with complete information. Clearly define the players, choices and payoffs for this game. What is the Nash equilibrium? Showtime am pm am 10, 10 20, 80 HBO pm 80, 20 40, 40 Q4. (a) Cabral (2000; p. 63): review & practice question 4.3. For (i), what is the Nash equilibrium? (b) C abral (2000; p. 63): review & practice question 4.3. For (ii), what is the Nash equilibrium? Q5. Cabral (2000; p. 83): review & practice question 5.2 (hint : take a look at the Lerner Index of market power)....
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This note was uploaded on 03/31/2008 for the course ECON 4697 taught by Professor Savage during the Spring '08 term at Colorado.
- Spring '08