# Nash equilibrium method

Identify the amount of money A should be willing to pay for the right to P Research's patent.

Explain why paying this amount would be worthwhile for A.

https://brainmass.com/economics/game-theory/nash-equilibrium-method-39705

#### Solution Preview

It's a little unclear in the wording. I assume that the question is how much is A willing to pay for P patent in order to keep G out of the market.

Then in this case, this is a game theory of "incredible threat". Since we don't know what is the probability ...

#### Solution Summary

This job uses pure-strategy Nash equilibrium method.

$2.19