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Solved: 9. Exercise 16.11 Suppose Motorola And Lucent Technologies Are Trying To Decide Whether To Develop In-house Or License Proprietary Trade Secrets In Telecommunications Engineering And Software.

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9. Exercise 16.11 Suppose Motorola and Lucent Technologies are trying to decide whether to develop in-house or license proprietary trade secrets in telecommunications engineering and software. The following table shows their payoffs in this simultaneous-play repeated game.

Motorola

Develop/Patent Imitate/License

Lucent Develop/Patent $5 B, $1 B $4 B, $3 B

Imitate/License $9 B, -$1 B $0 B, $2 B

Which of the following is a Nash equibrium strategy?

Check all that apply:

a) { LicenseLucent , DevelopMotorola }

b) { LicenseLucent , LicenseMotorola }

c) { DevelopLucent , DevelopMotorola }

d) { DevelopLucent , LicenseMotorola }



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Motorola Develop Imitate Lucent Develop (5,1) (4,3) Imitate (9,-1) (0,2) When Motorola chooses to play Develop then best response by Lucent is always "D

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