Essay
Nancy and Denise are trying to decide whether to go hiking or biking this weekend. Depending on their choices, they might go together and they might go apart. Their payoffs in terms of their happiness are as follows. 
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?
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a. By the check method: 
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There are two p...View Answer
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