Is there a more profitable solution to this game?

s and Piggly Wiggly (shop the pig!) are considering opening a new store in Milwaukee and have Show more Roundys and Piggly Wiggly (shop the pig!) are considering opening a new store in Milwaukee and have to choose between locating their store in the Lower East Side or locating their store in Lindsay Heights. Payouts in millions are presented in the following table. Circle the equilibrium. Piggly Wiggly Piggly Wiggly East Side Lindsay Heights Roundys East Side $30 $20 $40 $15 Roundys Lindsay Heights $20 $25 $10 $5 Now assume that one firm is able to pay the other to locate in another part of town. Is there a more profitable solution to this game? If so indicate which solution is more profitable and give an example of a payment that would make it a viable equilibrium outcome. Show less

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