a. Develop a normal-form game of the situation by filling up the table bellow GRAB GOJEK Discount price Regular price Discount price Regular price b. What strategy that Gojek need to take ? explain c. Does Gojek and/or Grab have a dominant strategy? If so, what is it?
A big data firm Statqo Analytics report shows that Gojek had experienced a 14 percent downturn during the pandemic. Therefore Gojek has a plan to provide special promotions for its customers. However, Gojek still needs to consider its competitor, Grab, before deciding. Based on Gojek’s board of directors calculation, if neither Gojek nor Grab offers discount pricing, a profit of US $2.5 million will be earned by Gojek, and US $2 million will be earned by Grab. However, if Gojek is the only one to offer a discount, it will earn US $5million, while Grab profits will fall to US$ 3 million. If Grab offers a discount and Gojek continues to charge the regular
$1.5 million. Finally, if For both Gojek and Grab are to offer discount prices, thereby they will get a modest profit of US $4 million and US $2.5 million, respectively
a. Develop a normal-form game of the situation by filling up the table bellow
GRAB GOJEK Discount price
Regular price
Discount price
Regular price
b. What strategy that Gojek need to take ? explain
c. Does Gojek and/or Grab have a dominant strategy? If so, what is it?
d. Does Grab has a secure strategy? If so, what is it?
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