Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: nakungth on Oct 25, 2017



Title: Joanna has a credit card account with Card Bank. Card Bank's available strategies are to raise ...
Post by: nakungth on Oct 25, 2017
Joanna has a credit card account with Card Bank.  Card Bank's available strategies are to raise Joanna's credit card interest rate or do nothing.  Joanna's available strategies are to transfer her Card Bank account balance to another creditor or do nothing.  The strategy pay-offs are indicated below.



Does either player have a dominant strategy?  Does the game have any Nash equilibria?  What is the maximin strategy of each player in the game?


Title: Re: Joanna has a credit card account with Card Bank. Card Bank's available strategies are to raise ...
Post by: Canih on Oct 25, 2017
Content hidden