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nakungth nakungth
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6 years ago
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?
Textbook 
Microeconomics

Microeconomics


Edition: 8th
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CanihCanih
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6 years ago
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nakungth Author
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6 years ago
Brilliant ツ
rhockeygirl
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Yesterday
this is exactly what I needed
Jadakiss
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2 hours ago
This site is awesome
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