ATSU The Nash Equilibrium Market Research & Law Firms Payoff Matrix Worksheet

Question Description

A local law firm has hired G&B consulting to help determine a business strategy. There is a competing firm in the area and recently the two firms have begun talks in regards to a merger. The merger would mean there are more shared resources than either had before individually. There would also be less competition for both companies. Both would be able to operate more efficiently, however it would take a strong commitment from both sides for the merger to be successful. The law firm that has hired you wants to know their optimum strategy in this situation.

What to Submit

To complete this assignment, you must first download the word document.

Your step-by-step breakdown of the problems, including explanations, should be present within the word document provided.

Grading Rubric

F	F	C	B	A
0	1	2	3	4
No Pass	No Pass	Competence	Proficiency	Mastery
Not Submitted	Did not correctly solve a majority of the problems or at least one problem not completed.	Correctly solved a majority of the problems.	Correctly solved almost all the problems.	All problems are solved correctly.
Not Submitted	Very few steps are provided to explain how to solve the problem OR the steps provided have several errors.	Fairly complete and detailed steps are provided to explain how to solve the problem OR the steps provided have some errors.	Mostly complete and detailed steps are provided to explain how to solve the problem.	Complete and detailed steps are provided to explain how to solve the problem.
Not Submitted	Explanations generally lack a basic understanding of the concepts or lack of proper terminology.	Explanations demonstrate a basic understanding of most of the concepts and terminology, but some explanations may be incomplete or incorrect.	Explanations demonstrate a proficient understanding of most of the concepts and terminology, but with small errors.	Explanations demonstrate a mastery of understanding of the concepts and terminology.
Not Submitted	The majority of mathematical expressions and any graphs or tables are not properly formatted OR some are not present.	The majority of mathematical expressions and any graphs or tables are properly formatted.	Almost all mathematical expressions and any graphs or tables are properly formatted.	All mathematical expressions and any graphs or tables are properly formatted.

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