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Games of Strategy

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Some games of strategy are cooperative. One example is deciding which side of the road to drive on. It doesn't matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt. (Please refer to the diagram)

a. Does either player have a dominant strategy? Explain.

b. Is there Nash equilibrium in this game? Explain

c. Why this game is called a cooperative game?

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Solution Summary

In about 100 words, this solution discusses different concepts related to game strategy, including Nash equilibrium, dominant strategy and cooperative games. A brief explanation accompanies each concept discussed.

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a. Does either player have a dominant strategy? Explain.
No, there is no choice that would produce a higher payoff regardless of the other ...

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