Question: Consider the game with the payoff matrix below, in which Firm 1 and Firm seek to choose between Format A and Format B .
Consider the game with the payoff matrix below, in which Firm and Firm seek to choose between Format A and Format B
tableFirm : Format AFirm : Format BtableFirm :Format A$$$ $tableFirm :Format B$$ $
If Firm chooses Format B and Firm chooses Format B their payoffs are
Firm gets $ Firm gets $
Firm gets $ Firm gets $
Firm gets $ Firm gets $
Firm gets $ Firm gets $
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