Calculate and graph each players best response function

Reference no: EM131252333

Consider a game in which, simultaneously, player 1 selects any real number x and player 2 selects any real number y. The payoffs are given by:

472_Fig 2.jpg

(a) Calculate and graph each player's best-response function as a function of the opposing player's pure strategy.

(b) Find and report the Nash equilibria of the game.

Reference no: EM131252333

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