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Q2 Comparative Statics of Mixed Strategy Equilibria Consider the following two~player game: P2 L a T 12,2 3,9 B 5,8 4,2 P1 (a) Find all

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Q2 Comparative Statics of Mixed Strategy Equilibria Consider the following two~player game: P2 L a T 12,2 3,9 B 5,8 4,2 P1 (a) Find all the Nash equilibria, in pure and mixed strategies. EXplain how you know that you have found all equilibria. (b) Suppose that the payoff of the player 2, n2(B,L), is reduced from 8 to (i, but all other payoffs remain the same. Again1 nd all Nash equilibria in the pure and medstrategies. (c) Compare the mixedstrategy equilibria in parts {a} and (h). Did this worsening in one of player 2's payoffs change player 2's equilibrilnn mixed strategy? Does it change player 1's equilibrilnn strategy? Give some intuition. 1

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