Present a strategic problem which can be represented

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Reference no: EM133261089

Question: Present a strategic problem which can be represented as a simultaneous move game with a mixed strategy equilibrium.

Argue why the analysis must have a mixed strategy equilibrium.

The first part of the - carefully describe the strategic issue with the relevant fundamentals (Players, Strategic Actions, Payoffs)

The second part, carefully represent the game and analyze the strategic issue using game theory tools.

Indicate any equilibria of the game, which you are analyzing as your strategic issue. Creativity is important.

Be clear what the recommendation is in conclusion.

Reference no: EM133261089

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