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  2. Topic
    Mathematics
  3. Study Set
    Game Theory in Business and Economics
  4. Exam
    Exam 2: Noncooperative, One-Time, Static Games
  5. Question
    -Refer to Figure 2
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-Refer to Figure 2

Question 53

Question 53

Multiple Choice

  -Refer to Figure 2.15, which represents a simultaneous-move, noncooperative, one-time game in which larger payoffs are preferred. If both players adopt a minimax regret decision rule, the resulting strategy profile for this game is: A)  {A1, B1}. B)  {A1, B2}. C)  {A2, B1}. D)  {A2, B2}.
-Refer to Figure 2.15, which represents a simultaneous-move, noncooperative, one-time game in which larger payoffs are preferred. If both players adopt a minimax regret decision rule, the resulting strategy profile for this game is:


A) {A1, B1}.
B) {A1, B2}.
C) {A2, B1}.
D) {A2, B2}.

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