Question: 29.1 (0) This problem is designed to give you practice in reading a game matrix and to check that you understand the definition of a




29.1 (0) This problem is designed to give you practice in reading a game matrix and to check that you understand the definition of a dominant strategy. Consider the following game matrix. A Game Matrix Player B Left Right Player A Top a, b c, d Bottom e, f g, h(a) If (top, left) is a dominant strategy equilibrium, then we know that ,6 > > g, and >h. (b) If (top, left) is a Nash equilibrium, then which of the above inequalities must be satisfied? (c) If (top, left) is a dominant strategy equilibrium must it be a Nash equilibrium? Why
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