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Consider the following two person game: 2 D 3,12 5,10 12,5 11,5 8,16 (a) (c) Mark all the best responses of each player. Find
Consider the following two person game: 2 D 3,12 5,10 12,5 11,5 8,16 (a) (c) Mark all the best responses of each player. Find all the Nash Equilibrium points of the game. Find the by iter ation of strictly dominated str ategies. Does your in (b) coincides with (c)? Explain. Find all the Pareto Optimal payoffs.
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