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Title: Two firms in a local market compete in the manufacture of cyberwidgets. Each firm must decide if it ... Post by: nakungth on Oct 25, 2017 Two firms in a local market compete in the manufacture of cyberwidgets. Each firm must decide if it will offer a warranty or not. The pay-offs of each firm's strategy is a function of their competitor as well. The pay-off matrix is presented below.
If firm #1 announces they will offer a warranty regardless of what firm #2 does, is this a credible threat? Why or why not? Title: Re: Two firms in a local market compete in the manufacture of cyberwidgets. Each firm must decide ... Post by: oracledarren on Oct 25, 2017 Content hidden
Title: Re: Two firms in a local market compete in the manufacture of cyberwidgets. Each firm must decide if it ... Post by: nakungth on Aug 15, 2018 Thank you!
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