Consider a simultaneous game between two players player 1, Business Economics

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Consider a simultaneous game between two players player 1

Consider a simultaneous game between two players (Player 1 and Player 2). Each player has the option to play either Up or Down, and their payoffs are represented by the table.

1. Is this a constant sum game?

2. If there are any Nash equilibria, find them and explain why they are Nash equilibria.

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Business Economics: Consider a simultaneous game between two players player 1

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Business Economics: Consider a simultaneous game between two players player 1

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