Question: May I please get some help with this question? There is no information aside from what is attached. If ExxonMobil invests in Venezuela's oil fields,

May I please get some help with this question? There is no information aside from what is attached.

If ExxonMobil invests in Venezuela's oil fields, it runs the risk that Venezuela will later partially nationalize the assets. The payoffs are represented in the game tree illustrated in the figure to the right. Nationalize Suppose that the parties could initially agree to a binding contract that Venezuela would pay ExxonMobil x dollars if (24,96) it nationalizes the oil fields. How large does x have to be for ExxonMobil to invest in Venezuela? Venezuela Government The value of x would have to be at least equal to $ for ExxonMobil to invest in Venezuela. (Enter your response (60,60) as a whole number.) Don't nationalize ExxonMobil Elsewhere (30,0)

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