Question: Game theory solve using iterated dominance A. Iterated Dominance. Solve the game below using iterated dominance. Column T T2 T3 T4 Row Si 7,1 3,6

Game theory solve using iterated dominance

A. Iterated Dominance. Solve the game below using iterated dominance. Column T T2 T3 T4 Row Si 7,1 3,6 4,0 10,5 S2 6,2 4,5 3,3 7,4 Sz 13,5 2,4 5.6 4,7 S4 1,1 3,2 7.2 5,2 (A1) Make sure you give your steps to get full credit. How robust is this solution? Should you have any reservations? (8 points) (A.2) Is the outcome also a Nash equilibrium? Are they any other Nash equilibria? (3 points)

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