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Business, 06.06.2020 21:59 Rogeartest4

Consider a version of the Tragedy of the Commons in which herder 1 and 2 simultaneously choose to graze quantities of sheep and , respectively, and in which the payoff functions are for 1 and for 2. The Nash equilibrium is :

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Consider a version of the Tragedy of the Commons in which herder 1 and 2 simultaneously choose to gr...
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