Your Company and a Competitor Are Deciding Whether to Invest

question 14

Multiple Choice

Your company and a competitor are deciding whether to invest in electric car charging networks. The networks would duplicate each other, and if both companies were to invest, they would both incur losses. Your boss is thinking of being first to commit the investment. Which model of game theory should you use to analyze this situation?

• A) Game in strategic form.
• B) Nash equilibrium.
• C) Game in extensive form.
• D) a and b.
• E) a, b, and c.