Question: ( Graph in image ) a ) Assume M ' s monetary weight equals $ 4 . The monetary weight for I 1 and I
Graph in image
a Assume Ms monetary weight equals $ The monetary weight for and is $ each; the monetary weight for and and is $ each. Where, if any, is the Nash Equilibrium?
b Now assume the stretch between and both points included were a Nash Equilibrium Assume the same monetary values as under a only the monetary value of can change. What is the value of to attain the required equilibrium?
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