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1. Imagine a three player game with persons X, Y and Z. Only Player X & Y make decisions. Monetary payoffs are described by the
1. Imagine a three player game with persons X, Y and Z. Only Player X & Y make decisions. Monetary payoffs are described by the payoff matric below. Player Y's Choices Action A Action B X: 6 X: 5 Action A Y: 6 Y: 5 Player X's Z: 1 Z: 5 Choices X: 5 X: 5 Action B Y: 5 Y: 5 Z: 5 Z: 5 Question 1 10 pts Assuming that the utility function is just the monetary payoff. What are the actions from Player X & Player Y that are the pure strategy Nash equilbria of this game? O [X plays A, Y plays A] & [X plays B, Y plays B] O [X plays A, Y plays A] O [X plays B, Y plays B]
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