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Return to the two-player game tree in part (b) of Exercise U2 in Chapter 3. (a) Write the game in strategic form. Find all of the Nash equilibria. (b) For the equilibria you found in part (a) that are not subgame-perfect, identify the credibility problems
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Peter, the marketing manager of a company that manufactures church furniture, has been given the job of increasing corporate profits by five percent during the upcoming year. peter decided to give his assistant the full responsibility and authority for developing a mailing campaign to target churches in an entire state. in other words, peter has
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Return to the two-player game tree in part (b) of Exercise U2 in Chapter 3. (a) Write the game in st...
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