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Introduce new handheld communications devices

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1) Nokia and Ericsson plan to introduce new handheld communications devices. However, they must decide whether to use their own software standard or a common third-party-developed standard. The respective payoffs are diagrammed here. What is the likely outcome?

2) Two airlines, A and B, are deciding to choose whether Atlanta or Chicago should be their major hub. Given the diagram here, find all equilibria of this game.

Reference no: EM131095113

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