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J. The only strategies that remain after iterated deletion of dominated strategies are those that ... O ... are the dominant strategies. O ... should
J. The only strategies that remain after iterated deletion of dominated strategies are those that ... O ... are the dominant strategies. O ... should be played with equal probability as a mixed strategy. O ... could be best responses under some belief about the other players' strategies, assuming everyone is acting rationally. O ... yield the same expected payoff against the most likely combination of the other players' strategies. 2 After iterated deletion of dominated strategies in the following game, which strategies remain? Player 2 L R U D N 1, 2 0, 12 2, 7 4, 3 E 8, 1 1, 4 6, 5 Player 1 3, 2 S 6, 6 2, 2 4, 4 8, 8 W 5, 4 6, 0 3, 1 7, 2 O S for Player 1 and D for Player 2. E, S for Player 1 and U, D for Player 2. E, S, W for Player 1 and R, U, D for Player 2. ON, E, S, W for Player 1 and L, R, U, D for Player 2
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