Suppose you and your competitor are playing the pricing game Suppose you and your competitor are…

Suppose you and your competitor are playing the pricing game
Suppose you and your competitor are playing the pricing game shown in Table 13.8 (page 498). Both of you must announce your prices at the same time. Can you improve your outcome by promising your competitor that you will announce a high price?

Suppose you and your competitor are playing the pricing game

 

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