Question: 11.10 Consider example 2. Recall that there are four strategiesOTT, OTA, OAT, and OAAin all of which Coke makes an initial decision not to enter
11.10 Consider example 2. Recall that there are four strategiesOTT, OTA, OAT, and OAAin all of which Coke makes an initial decision not to enter the FSU market. a. Explain carefully how, from each of these four strategies, we can find answers to the counterfactual question What would Coke do if it entered the market?" b. Explain carefully why, in order to check for sequential rationality, we need to be able to find answers to the same counterfactual question. 11.10 Consider example 2. Recall that there are four strategiesOTT, OTA, OAT, and OAAin all of which Coke makes an initial decision not to enter the FSU market. a. Explain carefully how, from each of these four strategies, we can find answers to the counterfactual question What would Coke do if it entered the market?" b. Explain carefully why, in order to check for sequential rationality, we need to be able to find answers to the same counterfactual
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