A Nash equilibrium is _________ because once it is established, neither firm has an incentive to change

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A Nash equilibrium is _________ because once it is

established,

neither firm has an incentive to change behavior.

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Exploring Microeconomics

ISBN: 9781544339443

8th Edition

Authors: Robert L. Sexton

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Question Posted: May 19, 2024 08:01 AM

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A Nash equilibrium is _________ because once it is established, neither firm has an incentive to change

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Exploring Microeconomics

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