a. Iteratively eliminated dominated strategies to derive the set of rationalizable strategy profiles for each of...

Transcribed Image Text:

a. Iteratively eliminated dominated strategies to derive the set of rationalizable strategy profiles for each of the games below. If you find a mix of strategies that dominates some pure strategy, indicate the full range of probabilities for which the mix dominates the pure strategy and show your work. • List all Nash Equilibria, pure and mixed, for each of the games below. Show your work. Mahon Heaney X X 4,6 1,1 Y 3.2 2.3 Z 2,3 1,1 Y Z 3,5 2,1 7,2 a. Iteratively eliminated dominated strategies to derive the set of rationalizable strategy profiles for each of the games below. If you find a mix of strategies that dominates some pure strategy, indicate the full range of probabilities for which the mix dominates the pure strategy and show your work. • List all Nash Equilibria, pure and mixed, for each of the games below. Show your work. Mahon Heaney X X 4,6 1,1 Y 3.2 2.3 Z 2,3 1,1 Y Z 3,5 2,1 7,2

Answer rating: 100% (QA)

ANSWER To iteratively eliminate dominated strategies we start by looking for strategies that are alw... View the full answer