For each of the following three games, answer these questions: (a) What is the equilibrium if…

For each of the following three games, answer these
questions:

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For each of the following three games, answer these questions: (a) What is the equilibrium if…
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(a) What is the equilibrium if neither player can use any
strategic moves?

(b) Can one player improve his payoff by using a
strategic move (com‑ mitment, threat, or promise) or a combination of
such moves? If so, which player makes what strategic move(s)?

 

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