Tom, Dicck, and Harry are all in the bottled-water business. Ifone or two of them expand their production, they can take businessaway from those who do not, but if all expand, they will be back toa break-even situation. Here are the payoffs:
| | Harry |
| | Expand | No |
| | Dicck | Dicck |
| | Expand | No | Expand | No |
Tom | Expand | 0,0,0 | 1,-2,1 | 1,1,-2 | 2,-1,-1 |
No | -2,1,1 | -1,-1,2 | -1,2,-1 | 0,0,0 |
Has this game any Nash equilibria? If so, list them andexplain.
