Give a careful explanation of a Nash equilibrium. How is it different from a dominant-strategy equilibrium?

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Managerial economics

ISBN: 978-1118041581

7th edition

Authors: william f. samuelson stephen g. marks

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Question Posted: Jan 30, 2013 01:10 AM

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Give a careful explanation of a Nash equilibrium. How is it different from a dominant-strategy equilibrium?

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In a Nash equilibrium each players chosen strategy is optimal give...View the full answer

Managerial economics

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