Question: Consider the following payoff matrix: Player 1 Strategy B Strategy A Strategy A (4,3) (6,2) Player 2 Strategy B (3,5) (2,4) Is the payoff
Consider the following payoff matrix: Player 1 Strategy B Strategy A Strategy A (4,3) (6,2) Player 2 Strategy B (3,5) (2,4) Is the payoff matrix symmetric (Yes or No)? b) [2 marks] Does this game have a Nash Equilibrium? If so what is/are they? (no need to show your work) c) [2 marks] What is Player 1's dominant strategy (if they have one)? What is Player 2's dominant strategy (if they have one)? (no need to show your work) 2. Consider the payoff matrix below: Player 1 Strategy B Strategy A Strategy A Player 2 Strategy B (2,2) (5,0) (0,5) (3,3) a) [2 marks] What is Player 1's dominant strategy (if they have one)? What is Player 2's dominant strategy (if they have one)? (no need to show your work)
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