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Respond to the question: constructing a payoff matrix?

01/25/2008 10:21 AM by name withheld; constructing a payoff matrix
Hi. Hope someone can answer this. If the industry demand curve is given for a duopoly,and each player in the game seeks to maximise his profit, how does one construct a payoff matrix indicating various levels of profits based on output levels selected by each firm? [Manage messages]