Question

Imagine you are a trader, your profit depends on how many of the other 2 traders...

Imagine you are a trader, your profit depends on how many of the other 2 traders attack.

If 0 traders attack: Your profit = 4

If 1 trader attacks: Your profit = 8

If 2 traders attack: Your profit = 12

If you do not attack: Your profit = 8, regardless of the other players.

What is the mixed strategy equilibrium?

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