Find all the pure-strategy nash equilibria

Reference no: EM132150205

Question: Three firms are considering entering a new market. The payoff for each firm that enters is 150/n, where n is the number of firms that enter. The cost of entering is 62.

Find all the pure-strategy Nash equilibria.

Find the symmetric mixed-strategy equilibrium in which all three players enter with the same probability.

Reference no: EM132150205

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