Question: Consider a simultaneous game in which player A chooses one of two actions (Up or Down), and B chooses one of two actions (Left or
Consider a simultaneous game in which playerAchooses one of two actions (Up or Down), andBchooses one of two actions (Left or Right). The game has the following payoff matrix, where the first payoff in each entry is forAand the second forB.
What are the pure-strategy Nash equilibria? (Select all that apply.)
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Suppose that A believes that B will play Left with probability p and Right with probability (1-p).
What is A's expected payoff of playing Up?
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Suppose that A believes that B will play Left with probability p and Right with probability (1-p).
What is A's expected payoff of playing Up?
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