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3. Rachel has the payoff function u(x,y) over her strategy x, and Larry's strategy y. Larry's payoff function is v(x,y). The strategy set for each
3. Rachel has the payoff functionu(x,y)over her strategy x, and Larry's strategy y. Larry's payoff function isv(x,y).The strategy set for each player is the set of real numbers:,
u(x,y)=xy+x-x2
v(x,y)=xy-2y-2y2
(c) (2 points) Argue either that Rachel has a strongly dominant strategy or that she does not.
(d) (5 points) Find a Nash equilibrium in this game.
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