Find the subgame perfect nash equilibria of this new model

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Consider a variation of the limit-capacity model analyzed in this chapter. Suppose that instead of the firms' entry decisions occurring sequentially, the firms act simultaneously. After observing each other's entry decisions, market interaction proceeds as in the original model. Find the subgame perfect Nash equilibria of this new model and compare it/them with the subgame perfect equilibrium of the original model.

Reference no: EM131247008

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