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This is about game theory in economics. Please show all your workings step by step and answers too. 3. Observe the game below and derive

This is about game theory in economics. Please show all your workings step by step and answers too.

3. Observe the game below and derive the strategies that survive the Iterative Deletion of Strictly Dominated Strategies (3 marks). Cam: a3 Cam: b3 8am 8am a2 b2 Tom a1 mm Tom a1 23 21 21 1mm b1 mm c1 mm c1 mm

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