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Use the papff matrix for a one-shot game to answer the accornpanylng questions, s -toe a. Determine the Nash equilibrium outcomes that arise if
Use the papff matrix for a one-shot game to answer the accornpanylng questions, s -toe a. Determine the Nash equilibrium outcomes that arise if the players make decisions independently. simultaneously. and without any communication. InstmetiOnS: In order to receive full Credit. you must make a Selection for each option. Correct answer(s). Click the box once to place a check mark, For answer(s). click twice to empty the box, 51 Which Of the-se outcomes pu consider most likely? o (15.15) o (5.-100) 25) o (-100. S) b. Suppose player I is permitted to "communicate' by uttering one syllable before the players simultaneously and independently make their decisions. What should player I utter? What outcome do you think would as a result? 0 (-100. S) o 25) O (S. -100) C. Suppose player 2 Can Choose its Strategy before player 1, that player 1 Observes player Choice before making her decision. and that this structure is known by both players, What outcorne would you expect? o -100) o (25.25) O (-100 S)
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