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Consider the two-player game described in the payoff matrix of Figure 6.36: Player B LR PlayerA U 1,1 0,0 D 0,0 4,4 Figure 6.36. A
Consider the two-player game described in the payoff matrix of Figure 6.36: Player B LR PlayerA U 1,1 0,0 D 0,0 4,4 Figure 6.36. A two-player game for Exercise 8. (a) Find all pure-strategy Nash equilibria for this game. (b) This game also has a mixed-strategy Nash equilibrium; find the probabil- ities the players use in this equilibrium, together with an explanation for your answer. (c) Keeping in mind Schelling's focal point idea from this chapter, what equi- librium do you think is the best prediction of how the game will be played? Explain
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