What is the difference between a cooperative and a, Microeconomics

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What is the difference between a cooperative and a

1. What is the difference between a cooperative and a noncooperative game? Give an example of each.

2. What is a dominant strategy? Why is an equilibrium stable in dominant strategies?

3. Explain the meaning of a Nash equilibrium. How does it differ from an equilibrium in dominant strategies?

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Microeconomics: What is the difference between a cooperative and a

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Microeconomics: What is the difference between a cooperative and a

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