Consider the following game between player 1, who chooses among strategies row 1, row 2, and row 3, and player 2, who chooses among strategies column 1, column 2, column 3, and column 4 (in the table, payoffs for player 1 are expressed first):

Using the technique of iterated elimination of dominated strategies, we obtain that the most reasonable prediction(s) in this game is (are)
Player 1 will choose row 3 and player 2 will choose column 3
Player 1 will choose row 1 and player 2 will choose column 2
Player 1 will choose row 1 and player 2 will choose column 1
None of the above =

Transcribed Image Text:

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