3. For each of the following games, answer the following questions: i) Find all Pareto efficient...

 

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3. For each of the following games, answer the following questions: i) Find all Pareto efficient outcomes. (Do not assume transferable utility.) ii) Is the game dominance solvable? If so, find the solution. Game a Watch Don't Watch Game b Hide in Closet Hide in Trash Game c Water Granola Bar Game d Natural Makeup Fake News -4,3 0,0 Check Closet 0,9 3,2 Gatorade -1,-1 2,2 Crew Cut 5,2 5,3 Real News 2,1 0,-1 Check Trash 7,1 -4,6 Nuts 2,2 -3,-3 Man Bun 0,2 0,3 3. For each of the following games, answer the following questions: i) Find all Pareto efficient outcomes. (Do not assume transferable utility.) ii) Is the game dominance solvable? If so, find the solution. Game a Watch Don't Watch Game b Hide in Closet Hide in Trash Game c Water Granola Bar Game d Natural Makeup Fake News -4,3 0,0 Check Closet 0,9 3,2 Gatorade -1,-1 2,2 Crew Cut 5,2 5,3 Real News 2,1 0,-1 Check Trash 7,1 -4,6 Nuts 2,2 -3,-3 Man Bun 0,2 0,3

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