Game thoery

1 Fun and Games Consider the following games A. Two nuclear powers decide whether or not to launch nuclear strikes: Launch Don't Launch Launch (10, 10) (10, 15) Don't Launch (15,10) (5, 5) B. A rm entry game: Enter Not Enter Enter (4, 0) (8, 4) Not Enter (6, 8) (4, 6) C. Colleagues working on a project together decide to work or slack o: Work Slack Work (2, 4) (1, 0) Slack (3, 1) (0, 2) For each of the three games, answer the following questions. (a) Do any of the players have a dominant strategy? (b) Do any of the players have a dominated strategy? Which outcome are possible if we eliminate domi- nated strategies? (c) Solve for the Nash Equilibria of the game (if any)