At equilibrium payoffs to coke and pepsi respectively are

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Reference no: EM13204153

Coke/Pepsi
Big can, big can = 60, 60, Big can, small can = 120, 100
Small can, big can = 100, 120, Small can, small can = 50, 50

Refer to the table above where Coke's payoff is given as the first number in each cell. Suppose Coke and Pepsi are in a strategic environment in which each are deciding whether to manufacture either a big or small can of soft drink (they can't produce both). If Pepsi make their decision first, then at equilibrium the payoffs to Coke and Pepsi respectively are?

Reference no: EM13204153

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