Please look at the payoff matrix below which shows the benefits that would accrue to each player in a 2 player, non sequential, non repeated game Identify the collusive (cooperative) equilibrium Identify the secure strategy (maximin) equilibrium Identify the maximax equilibrium Identify the Nash equilibrium Banana Inc Strategy 1 60 Strategy 2 400 Strategy 3 90 Strategy X 20 70 40 100 70 150 Apple Inc Strategy Y 30 50 80 200 80 300 Strategy Z 10 90 100

Question: Please look at the payoff matrix below which shows the benefits that would accrue to each player in a 2-player, non-sequential, non-repeated game. Identify the

Please look at the payoff matrix below which shows the benefits that would accrue to each player in a 2-player, non-sequential, non-repeated game.

Identify the collusive (cooperative) equilibrium.
Identify the secure strategy (maximin) equilibrium
Identify the maximax equilibrium
Identify the Nash equilibrium

Banana Inc. Strategy 1 60 Strategy 2 400 Strategy 3 90 Strategy X 20 70 40 100 70 150 Apple Inc. Strategy Y 30 50 80 200 80 300 Strategy Z 10 90 100

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Collusive cooperative equilibrium A collusive equilibrium also known as a cooperative equilibrium is an outcome where both players choose strategies t... View full answer

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