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4. Consider the two-player game with players, strategies and payoffs described in the following game matrix. L Player B M R t 0,3 6,2
4. Consider the two-player game with players, strategies and payoffs described in the following game matrix. L Player B M R t 0,3 6,2 1,1 Player A m 2.3 0,1 7,0 b 5.3 4,2 3, 1 Figure 6.28: Payoff Matrix (a) Does either player have a dominant strategy? Explain briefly (1-3 sentences). (b) Find all pure strategy Nash equilibria for this game.
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
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538453257, 978-0538453257
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