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    Exam 12: Game Theory
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    (Figure: China and United States I)
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(Figure: China and United States I)

Question 62

Question 62

Essay

(Figure: China and United States I) (Figure: China and United States I)    a. What is the Nash equilibrium of this game? b. Is it credible for the United States to threaten to blow up the world if China invades Taiwan?
a. What is the Nash equilibrium of this game?
b. Is it credible for the United States to threaten to blow up the world if China invades Taiwan?

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a. China invades Taiwan and the United S...

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