Show the game in strategic form using hypothetical payoffs, Managerial Economics

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Show the game in strategic form using hypothetical payoffs

1. What is the relation between a dominant strategy and a Nash equilibrium?

2. In this chapter we gave an example of coordination problems in the market for HDTVs. Show the game in strategic form using hypothetical payoffs of your choice. Use the arrow technique to identify the equilibria.

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Managerial Economics: Show the game in strategic form using hypothetical payoffs

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Managerial Economics: Show the game in strategic form using hypothetical payoffs

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