Question
3. Consider the normal form game: A B C D W 2 1, 3 1, 1 2, 1 5, X 2 4, 4 2, 4
3. Consider the normal form game:
| A | B | C | D | |
| W | 2 1, | 3 1, | 1 2, | 1 5, |
| X | 2 4, | 4 2, | 4 3, | 3 4, |
| Y | 2 3, | 3 2, | 5 4, | 2 2, |
| Z | 2 3, | 2 1, | 2 2, | 4 1, |
(1) Identify the set of rationalizable strategies -- what strategies survive iterative deletion of strictly dominated strategies?
(2) What are the pure strategy Nash equilibria?
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Sociology Of Economic Innovation
Authors: Francesco Ramella
1st Edition
1317621344, 9781317621348
