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I'd appreciate an answer and explanation - I'm confused. The following table shows the payoff matrix of a game situation. The rst number in each

I'd appreciate an answer and explanation - I'm confused.

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The following table shows the payoff matrix of a game situation. The rst number in each cell represents the payoffs to the player playing along the rows (Player A), and the second number are the payoffs to the player playing down the columns (Player B). A greater number is better. Payo' Matrix Player B Right Left Right 5.9 9.6 Player A Left 8,14 3,16 When this situation is in Nash equilibrium: 0 There is no Nash equilibrium in the game 0 A plays right and B plays left 0 both players play right 0 both players play left 0 A plays left and B plays right

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