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    Competition or Coordination & Equilibrium?

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    1. Suppose Microsoft can produce a new sophisticated software product. However, it wants to do so only if Intel produces high-speed microprocessors. Otherwise, the software will not sell. Intel, in turn, wants to produce high-speed microprocessors only if there is popular software on the market that requires high-speed processing. Is this a game of competition or coordination? What is the equilibrium?

    2. What is the relation between a dominant strategy and a Nash equilibrium?

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    https://brainmass.com/business/strategy-and-business-analysis/competition-coordination-equilibrium-56682

    Solution Summary

    Based on the case, this solution responds to these questions: Is this a game of competition or coordination? What is the equilibrium? What is the relation between a dominant strategy and a Nash equilibrium? It also provides two supporting articles.

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