How do I determine values for Y that have dominant strategy? What is the Nash equilibirum? If the Market demand for two companies is P=120-Q and marginal cost is 20. How will the payoff matrix with strategies for each that show cournot equilibirum quantity/half of the monopoly quantity look? How do i solve for the nash equilibrium?

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How do I determine values for Y that have dominant strategy? What is the Nash equilibirum?

If the Market demand for two companies is P=120-Q and marginal cost is 20. How will the payoff matrix with strategies for each that show cournot equilibirum quantity/half of the monopoly quantity look? How do i solve for the nash equilibrium?

Beta
High output
Low output
Alpha
High output
120; 120
70+Y; 70-Y
Low output
10; 150
30; 30
Transcribed Image Text:Beta High output Low output Alpha High output 120; 120 70+Y; 70-Y Low output 10; 150 30; 30
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