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Consider the following game Player 2 L R Player 1 U 6,2 8 ,1 D 12 , 4 b , c (a) [20 points] Find

Consider the following game

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Player 2 L R Player 1 U 6,2 8 ,1 D 12 , 4 b , c (a) [20 points] Find the range of values of (b, c) such that there exists a mixed-strategy Nash equilibrium (MSNE) where Player 1 randomizes (U, D) and Player 2 randomizes (L, R) and characterize the equilibrium (i.e, characterize the mixed-strategies). Other- wise show that no such range of values of (b, c) exists

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