TopicsConsider the inspection game below where the numbers in the cells are the playerâ??smonetary p

TopicsConsider the inspection game below where the numbers in the cells are the player’smonetary payoffs.(as attached)Suppose the players are risk averse. In particular, each player’s utility for an amount of money m is equal to the square root of that amount: u(m)  m . What is the mixed- strategy Nash equilibrium of the game?

 

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