a. Thinking about competition in game consoles as a game, describe the firms strategies. b. What, based

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a. Thinking about competition in game consoles as a game, describe the firms’ strategies.

b. What, based on the information provided, turned out to be the equilibrium of the game?

Sony, Microsoft, and Nintendo dominate the video game console market. Nintendo has a new hybrid handheld and home console called the Switch. Sony has a new PlayStation VR headset. Microsoft plans to launch a more powerful Xbox One.

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Microeconomics

ISBN: 9780134744476

13th Edition

Authors: Michael Parkin

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