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9966 [12]
3 years ago
9

Suppose Alice and Bill make their decisions separately and simultaneously, so that each must decide what to do knowing the avail

able choices and payoffs but not what the other has actually chosen. How many potential equilibria are there? (Hint: To see whether a given combination of strategies is an equilibrium, ask whether either player could get a higher payoff by changing his or her strategy.)
Mathematics
1 answer:
Sophie [7]3 years ago
5 0

Answer:

There are two possible equilibrium.

Step-by-step explanation:

Both of them either buy movie tickets or baseball tickets, because then changing the preference can result in lower payoffs.

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Solve 4^x+2 = 12 for x using the change of base formula log base b of y equals log y over log b.
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Step-by-step explanation:

Let use revise the rules of exponential and logarithmic equations

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Learn more:

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