Is There a Nash Equilibrium Under a Revenue-Sharing Plan

question 8

Essay

Is there a Nash equilibrium under a revenue-sharing plan?

---

Definitions:

Genetic Predispositions

The genetic characteristics inherited from parents that may influence an individual's likelihood of developing certain conditions or traits.

Learned Behaviors

are actions or reactions developed through experience or conditioning, contrasting with behaviors that are instinctual or innate.

Classical Conditioning

A learning strategy that consists of continuously pairing two stimuli; the reaction that is at the beginning evoked by the second stimulus, is eventually evoked by the first stimulus singularly.

Negative Reinforcement

A process in behavior modification where the removal of an undesirable or unpleasant stimulus strengthens or increases the likelihood of a behavior.