How does nash equilibrium differ from a dominant strategy


Problem

1. What does the prisoner's dilemma indicate about the longevity of collusive agreements?

2. What is a Nash equilibrium? How does it differ from a dominant strategy?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: How does nash equilibrium differ from a dominant strategy
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