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Lynna [10]
3 years ago
5

A shoplifer and a security guard are playing a simultaneous game.

Business
1 answer:
nadya68 [22]3 years ago
3 0

Answer:

A simultaneous game was played between a shoplifter and a security guard.

The answer to the game was answered in accordance to the question stated above,

There is no Nash Equilibrium in the game, The shoplifter does not steal in this case, Does not steal, The security guard will be watchful, The security guard ill sleep on the job.

Explanation:

Solution

Given that:

Let our matrix be defined as follows

                                                Security Guard

                              Vigilant or attentive      Not vigilant, less attentive

Shoplifter    Steal           - 20, 15                      15, -5    

              Does not steal  0, 3                          0, 0

Now,

(1) There is no Nash Equilibrium in the game

(2) The shoplifter does not steal in this case

(3) The shoplifter does not steal

(4) The security guard will be watchful

(5) The security guard ill sleep on the job

Note:

Kindly find an attached copy of the complete question below

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1 . Perpetuities Perpetuities are also called annuities with an extended or unlimited life. Based on your understanding of perpe
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Answer:

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Explanation:

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1.

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2.

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