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Consider the strategic game shown below. Player 2 A2 B2 C2 1,1 | 3,3 | 2, 2 1,2| 3,0 D2 0,2 A1 B1 Player
Consider the strategic game shown below. Player 2 A2 B2 C2 1,1 | 3,3 | 2, 2 1,2| 3,0 D2 0,2 A1 B1 Player 1 C1 1,5 1,0 | 0,0 | 2, 2 4,0 | 2,1 2,5 4,1 D1 1,0 0,4 Eliminate iteratively the strictly and weakly dominated strategies. Show that the order of elimination matter in eliminating the weakly dominated strategies.
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Player 2 Player 1 A2 B2 C2 D2 A1 11 33 22 02 B1 12 30 25 15 C1 10 00 22 41 D1 ...
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
