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Lee and Cody Are Competitors

question 105

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Lee and Cody are competitors.Each is considering whether to take aggressive action against the other or to cooperate.Cody can observe Lee's decision.Their decision tree can be diagrammed as follows: Lee and Cody are competitors.Each is considering whether to take aggressive action against the other or to cooperate.Cody can observe Lee's decision.Their decision tree can be diagrammed as follows:   Refer to the figure above.The equilibrium for this game is for Lee to choose _______ and for Cody to be _______ in response. A)  aggression;cooperative B)  aggression;aggressive C)  cooperation;cooperative D)  cooperation;aggressive
Refer to the figure above.The equilibrium for this game is for Lee to choose _______ and for Cody to be _______ in response.


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