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Title: The only two barbers in a small town agree not to advertise. But you can dramatically increases your ... Post by: Phydeaux on Dec 28, 2017 The only two barbers in a small town agree not to advertise. But you can dramatically increases your profits by advertising when your competitor does not. If your competitor advertises, better advertise too. The Nash equilibrium for this game is that both barbers advertise.
True or False? Title: Re: The only two barbers in a small town agree not to advertise. But you can dramatically increases ... Post by: holyman on Dec 28, 2017 Content hidden
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