Question: f Facebook X Bb Unit Readings (UWA Library) - x UWA Library | Reading List X 5 ProQuest Ebook Central - Read X YouTube X

f Facebook X Bb Unit Readings (UWA Library) - x UWA Library | Reading List X 5 ProQuest Ebook Central - Read X YouTube X + C ebookcentral-proquest-com.ezproxy.library.uwa.edu.au/lib/uwa/reader.action?docID=5311597&ppg=491 and the other gets five years; and II Douni talk, DOur DIVI get two years. (Note: The payoffs are negative because they represent years in jail, which is a bad.) Start Do not start 1.2 Two large firms, one domestic and one foreign, are 750 0 competing in the world market for aluminum. If either obtains a subsidy from its respective national Start government, it can shift profits away from its com- -200 500 petitor and increase national income. The firms have Sara the following payoff matrix. Does either firm have a 1,000 dominant strategy? What is the Nash equilibrium? Do not start 0 0 Domestic Do not lobby Lobby 0 4 1.5 Two track stars-the 100-meter gold med Do not and the 200-meter gold medalist-agree to a lobby 0 -1 meter duel. Before the race, each athlete dec Foreign whether to improve his performance by tal -1 2 anabolic steroids. If one athlete takes steroids Lobby the other doesn't, the athlete who uses ster 4 2 will win. Each athlete's utility payoff is 20 f winning the race, 10 from tying, and 0 from ing. Each athlete's utility falls by 6 if she t 1.3 Two manufacturers of toothpaste are debating steroids. Model this scenario as a game in w whether or not to increase their advertising cam- the players simultaneously decide whether to paigns to promote the special attributes of their steroids. products. They have the following payoff matrix
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