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Title: A situation in which each firm selects its best action, given what its rivals are doing, is called a ...
Post by: corie on Oct 25, 2017
A situation in which each firm selects its best action, given what its rivals are doing, is called a
A) Nash equilibrium.
B) Cooperative equilibrium.
C) Stackelberg equilibrium.
D) zero sum game.


Title: Re: A situation in which each firm selects its best action, given what its rivals are doing, is ...
Post by: Bart_arg on Oct 25, 2017
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