Question: 1 . Consider the following ( 2 times 2 ) payoff matrix. Player 2 a ) If Player 1 plays strategy B
Consider the following times payoff matrix.
Player
a If Player plays strategy B and Player plays strategy A then what is the respective payoffs for each player? mark
b Does Player or Player have a Dominant Strategy? If so what isare they. No need to show your work. mark
c Does this game have a Nash Equilibrium? If so what isare they? No need to show your work. mark
Consider the following times payoff matrix.
Player
a Find Player and Player s dominant strategies if they have one Also determinestate any Nash Equilibrium. marks
b Construct a new payoff matrix by filling in the below that has the same dominant strategies and Nash Equilibrium as the game above. You can not use any of the numbers used in the game above. marks
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