Use the following case from question
Two ice cream trucks A&B are playing a simultaneous pricing game.If one of them prices low,he gets all the customers,a payoff of 12,while other gets zero.If both price high they each get a payoff of 6 and if both price low,they get a payoff of 5.
-The types of games analyzed by the Nash equilibrium are
A)Simultaneous move games
B)Sequential move games
C)Both of the above
D)None of the above

Question

​Use the following case from question
Two ice cream trucks A&B are playing a simultaneous pricing game.If one of them prices low,he gets all the customers,a payoff of 12,while other gets zero.If both price high they each get a payoff of 6 and if both price low,they get a payoff of 5.
-​The types of games analyzed by the Nash equilibrium are
A)​Simultaneous move games
B)Sequential move games
C)Both of the above
D)​None of the above

Quizplus · Accepted Answer

The Answer of ​Use the following case from question
Two ice cream trucks A&B are playing a simultaneous pricing game.If one of them prices low,he gets all the customers,a payoff of 12,while other gets zero.If both price high they each get a payoff of 6 and if both price low,they get a payoff of 5.
-​The types of games analyzed by the Nash equilibrium are
A)​Simultaneous move games
B)Sequential move games
C)Both of the above
D)​None of the above

​Use the Following Case from Question

Use the Following Case from Question