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Economics

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Nov 24, 2024

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Iwo players, A and B, play the coin-tossing game. Each player chooses a head (H) or a tail (T). Both players would reveal their choices simultaneously. If they match (HH or TT), player A receives $1 from B. Otherwise, A pays B $1. What is the payoff matrix of this game? (For row player A) (5 points) What is the saddle point of this game? (5 points)
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