6. Consider the following game between passengers options for a route for a quarter of the...

 

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6. Consider the following game between passengers options for a route for a quarter of the year between American and United Airlines where quantities are in thousands of passengers and payoffs are in millions of dollars. American Airlines United Airlines Qu-192 Qu=128 Qu-96 0 4.0 QA-192 0 6.2 9.2 6.2 8.2 QA=128 4.0 8.2 10.2 9.2 QA-96 10.2 4.6 b. (4 points) Is there any dominant strategy in this game? If so, which one? 7.6 9.2 4.6 7.6 9.2 a. (7 points) Determine the Nash Equilibrium and explain how you got to that conclusion. 6. Consider the following game between passengers options for a route for a quarter of the year between American and United Airlines where quantities are in thousands of passengers and payoffs are in millions of dollars. American Airlines United Airlines Qu-192 Qu=128 Qu-96 0 4.0 QA-192 0 6.2 9.2 6.2 8.2 QA=128 4.0 8.2 10.2 9.2 QA-96 10.2 4.6 b. (4 points) Is there any dominant strategy in this game? If so, which one? 7.6 9.2 4.6 7.6 9.2 a. (7 points) Determine the Nash Equilibrium and explain how you got to that conclusion.