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Follow the Dominant Strategy

Assuming that Venezuela and Indonesia both follow the dominant strategy as: (1) each will earn $8 billion in profit. (2) neither country will cheat. (3) both countries will do better when both cheat. (4) Venezuela will cheat and Indonesia will receive $5 billion. (5) Indonesia will not cheat and Venezuela will receive $8 billion.

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Hello guys I want your advice. Please recommend some views for above Economics problems.

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