(a) Prove that if pure strategy is strictly dominated, then so is any ( mixed ) strategy...

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(a) Prove that if pure strategy is strictly dominated, then so is any $($ mixed $)$ strategy that plays is with positive probability.

$($ b $)$ Prove that in $2 -$ player games, the maximin payoff of one player is equal to the minmax payoff of the other player

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Apr 29, 2024 03:34 PM

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(a) Prove that if pure strategy is strictly dominated, then so is any ( mixed ) strategy...

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Answer a Proving that if a pure strategy is strictly dominated then any mixed strategy that plays that pure strategy with positive probability is also ... View the full answer

Microeconomics An Intuitive Approach with Calculus

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