|
| |Adv| ---------|N\A|
Adv| 300,300 | 900,0 |
N\A| 0,900 | 700,700 |
Player 1= Pepsi
Player 2= Coke
A) Solve for the pure strategy Nash equilibrium
B) Is this game a prisoner's Dilema?
C) Is there a cooperative equilibrium? If so, what is it?
D) Does coke have a dominant strategy? Does Pepsi?
My Attempt
| |Adv| ---------|N\A|
Adv| (300),(300) | (900),0 |
N\A| 0,(900) | 700,700 |
A) Nash Equilibrium: (Adv, Adv)
B) Not sure how to answer this
C) Yes. If they both got in contact and made the option to not advertise
D)
I would appreciate some help!