Key difference in assumptions between the matrices

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Fan duel and draft king (daily fantasy sports leagues) have engaged in extensive advertising over the last few months. Construct two payoff matrices showing the payoffs to the firms for two different (medium and high) levels of advertising. use one payoff matrix to illustrate they are in a prisoners dilemma, the other to indicate they are not in a prisoner's dilemma. explain the key difference in assumptions between the matrices.

Reference no: EM131112502

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