Question: Consider the stage game between two gangs (1 and 2). Each gang can choose between to keep peace (P) and to attack the rival gang
Consider the stage game between two gangs (1 and 2). Each gang can choose between to keep peace (P) and to attack the rival gang (A). The payoffs are given below, with the first number in each cell denoting the utility of gang 1 and the second that of gang 2.

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