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Consider the following game: Player 2 Expand in the South 50, 90 40,50 Expand in the West 10,60 20,80 Expand in the West Expand in

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Consider the following game: Player 2 Expand in the South 50, 90 40,50 Expand in the West 10,60 20,80 Expand in the West Expand in the South Player 1 There are two equilibria: one player expands in the West, and the other expands in the South There is one equilibrium: for both to expand West. There is one equilibrium: for both to expand South there is only a mixed strategies equilibrium. all four outcomes are equilibria. Consider the following game: Player 2 Expand in the South 50, 90 40,50 Expand in the West 10,60 20,80 Expand in the West Expand in the South Player 1 There are two equilibria: one player expands in the West, and the other expands in the South There is one equilibrium: for both to expand West. There is one equilibrium: for both to expand South there is only a mixed strategies equilibrium. all four outcomes are equilibria

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