Find the nash equilibria for this game

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Reference no: EM13861589

Imagine two players in the following game:

Each of the players chooses an (integer) amount between $180 and $300.

Both players receive the lower amount.

Five dollars are transferred from the player who chose the larger amount to the player who chose the smaller one.

In the case that the same amount is chosen by both players, each receives that amount and no transfer is made.

Find the Nash equilibria for this game.

Reference no: EM13861589

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