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Consider the following payoff matrix. Player 1 Player 2 C D A 3, 0 2, 3 B 0, 5 4, 2 a. What is the
Consider the following payoff matrix.
Player 1 | Player 2 | ||
C | D | ||
A | 3, 0 | 2, 3 | |
B | 0, 5 | 4, 2 |
a. What is the pure strategy Nash Equilibrium? (You may select multiple options, but there is a penalty for incorrect options. So, selecting all will not get you full credit.)
Answer:
(A, C)
(B, C)
(A, D)
(B, D)
There is no Nash equilibrium in Pure strategies.
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