Games with sequential moves:rollback equilibrium, Game Theory

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 Rollback shows that Boeing chooses peace over war if Airbus enters, so Airbus will enter. Rollback equilibrium entails Airbus playing “Enter” and Boeing playing “Peace if entry”; each firm earns $300 million profit in equilibrium.

 

 

1606_Games with Sequential Moves Rollback equilibrium.jpg

 

 


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