Two car dealerships compete against each other in a small city. Both are considering an increase in marketing expenditures. Their interdependent alternatives and outcomes are described by the decision tree.
What is each firm's optimal strategy and anticipated payoff?

Question

Two car dealerships compete against each other in a small city. Both are considering an increase in marketing expenditures. Their interdependent alternatives and outcomes are described by the decision tree.
  What is each firm's optimal strategy and anticipated payoff?

Quizplus · Accepted Answer

The Answer of Two car dealerships compete against each other in a small city. Both are considering an increase in marketing expenditures. Their interdependent alternatives and outcomes are described by the decision tree.
  What is each firm's optimal strategy and anticipated payoff?

Two Car Dealerships Compete Against Each Other in a Small