It is the year 2099, and the moon has been colonized by humans. Alcatel (the French telecom

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It is the year 2099, and the moon has been colonized by humans. Alcatel (the French telecom equipment company) and Nokia (the Finnish telecom equipment company) are trying to decide whether to invest in the first cellular telecommunications system on the moon. The market is big enough to support just one firm profitably. Both companies must make huge expenditures in order to construct a cellular network on the moon. The payoffs that each firm gets when it enters or does not enter the moon market are as follows:
It is the year 2099, and the moon has been

Ignoring mixed strategies, find all of the Nash equilibria in this game.

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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