For the following game (Player 1 chooses T or B): CR 2,2 0,3 1,2 3,1 1,0...

 

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For the following game (Player 1 chooses T or B): CR 2,2 0,3 1,2 3,1 1,0 0,2 payoffs L T B (a) (5pts) Find and eliminate any pure strategies that are strictly dominated by mixed strategies. You must show that the pure strategy is strictly dominated by some specific mixed strategy. (Hint: For player 2, some mixed strategies involving only C and R strictly dominate pure strategy L.) (b) (5pts) Find all (mixed strategy or pure strategy) equilibria in the simplified game. For the following game (Player 1 chooses T or B): CR 2,2 0,3 1,2 3,1 1,0 0,2 payoffs L T B (a) (5pts) Find and eliminate any pure strategies that are strictly dominated by mixed strategies. You must show that the pure strategy is strictly dominated by some specific mixed strategy. (Hint: For player 2, some mixed strategies involving only C and R strictly dominate pure strategy L.) (b) (5pts) Find all (mixed strategy or pure strategy) equilibria in the simplified game.

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a To find and eliminate any pure strategies that are strictly dominated by mixed strategies we can a... View the full answer