Oligopoly – Game Theory

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Across
  1. 2. Game theory exists as firms have ___________
  2. 5. Firms may act in their own ___________
  3. 8. Game theory is concerned with predicting the outcomes of ___________
Down
  1. 1. Strategy which leads to the best outcome
  2. 3. Name of an analogy which applies game theory
  3. 4. Game theory exists as firms are ___________
  4. 6. The reward or penalty of a strategy (outcome)
  5. 7. Participants in a game are pursuing their best possible strategy, given the strategies of all of the other participants.