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Marge W X Y Z 3, 2 4, 5 2, 4 1, 1 B 4, 1 0,7 5, 8 1, 7 Homer C 8,0 2,
Marge W X Y Z 3, 2 4, 5 2, 4 1, 1 B 4, 1 0,7 5, 8 1, 7 Homer C 8,0 2, 3 0, 0 2, 4 D 1 , 3 5, 4 2. 3 6, 2 a. Use iterated elimination of dominated strategies to reduce the game as much as possible. Give the order in which the eliminations occur. Explain in each step of the elimination which strategy dominates the other one. b. Is the game dominance solvable? Explain your answer. c. Find all the rationalizable strategies. Explain your answer. d. Find all the pure strategy Nash equilibrium (or equilibria) of this game. Explain how you find it clearly
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