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Business, 20.06.2020 20:57 amandaparrish2323

A flight route is served by American Airlines (AA) and Southwest Airlines (SW). Suppose American is the industry leader. American will decide whether to raise airfares, and then Southwest will decide whether to match the price increase. What is the Nash equilibrium of the game?

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A flight route is served by American Airlines (AA) and Southwest Airlines (SW). Suppose American is...

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