Attempts 1 0 Keep the Highest 1 / 2 6. Solving for dominant strategies and the Nash equilibrium Suppose Edison and Hilary are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Edison chooses Right and Hilary chooses Right, Edison will receive a payoff of 6 and Hilary will receive a payoff of 2. Hilary Left Right Left 4, 6 8, 4 Edison Right 7, 4 6, 2 The only dominant strategy in this game Is for to choose The outcome reflecting the unique Nash equilibrium In this game is as follows: Edison chooses * and Hilary chooses