Question: Use backwards induction to find the Nash equilibrium in the game tree below: New Competitor Enter hAarket AAarket Leader [Dorrt . [Dot Raise Raise .

Use backwards induction to find the Nash equilibrium in the game tree below:

New Competitor Enter hAarket AAarket Leader

[Dorrt . [Dot Raise Raise . Pnce Prlce Essa £232.? %$1%an)g$8%a)

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