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Question 2: This question consists of two parts. Complete both parts of the question. Part 1. Consider the following game: Player B a b
Question 2: This question consists of two parts. Complete both parts of the question. Part 1. Consider the following game: Player B a b a (3,3) (0.0) Player A b (0,0) (1,1) (a) Consider pure strategies, it means a situation where players choose ac- tions with probability 1. What is the Nash equilibrium (or Nash equi- libria) of the above game? (b) If you found multiple equilibria in part (a), discuss whether the game tells us anything about which equilibrium is actually chosen by the players. The discussion should be no more than half a page.
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