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Business, 07.07.2021 03:20 leslymejiaquiroz1

Suppose Brian and Crystal are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Brian chooses Right and Crystal chooses Right, Brian will receive a payoff of 5 and Crystal will receive a payoff of 6. Crystal
Left Right
Left 6, 3 6,4
Brian Right 3, 3 7,4
The only dominant strategy in this game is forto choose. The outcome reflecting the unique Nash equilibrium in this game is as follows: Brian choosesand Crystal chooses.

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Suppose Brian and Crystal are playing a game in which both must simultaneously choose the action Lef...
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