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QUESTION

Please look at the payoff matrix below which shows the benefits that would accrue to each player in a 2-player, non-sequential, non-repeated game. Identify the collusive (cooperative) equilibrium.Iden

Please look at the payoff matrix below which shows the benefits that would accrue to each player in a 2-player, non-sequential, non-repeated game.

  1. Identify the collusive (cooperative) equilibrium.
  2. Identify the secure strategy (maximin) equilibrium
  3. Identify the maximax equilibrium
  4. Identify the Nash equilibrium

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