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3. Consider the following normal form game. L R A 1, 6 6,0 B 3, 0 4, 1 C 6, 2 3, 2 D 9,2
3. Consider the following normal form game. L R A 1, 6 6,0 B 3, 0 4, 1 C 6, 2 3, 2 D 9,2 2, 2 In parts (a-d): Is player 1's strategy si dominated? If your answer is yes, describe a strategy of that dominates it. If your answer is no, describe a belief 02 to which s1 is a best response. (a) [0.5pt] $1 = A. (b) [0.5pt] s1 = B. (c) [0.5pt] $1 = C. (d) [0.5pt] $1 = D. (e) [1pt] Find all inefficient outcomes. For each such outcome s, provide another outcome s' which is more efficient than s
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