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Business, 15.11.2019 23:31 smcculleymcculley

Mclaren and red bull are competing for the formula one constructors' championship and are deciding whether to increase their spending on their aerodynamic (aero) development. the matrix below displays the payoffs to the team that result from each possible choice (note that the payoffs are not symmetrical due to other factors). assume that each team's goal is just to earn as many points as possible. does mclaren have a dominant strategy? if so, what is it? does red bull have a dominant strategy? if so, what is it?

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Mclaren and red bull are competing for the formula one constructors' championship and are deciding w...
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