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What are ingredients of simultaneous-move game

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Reference no: EM133377923

Questions

1. What are the ingredients of a simultaneous-move game? Show (using simple examples) how one might propose a "solution" for such games. Comment on the strengths and weaknesses of your solution conceptls).

2. Document a situation in which game-theoretic analysis explains the outcome, and also a situation in which the outcome deviated from the predictionls}. For the second case, why did the prediction fail?

Reference no: EM133377923

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