Question: In Game 3 above, A . Player A has a dominant strategy. B . Player B has a dominant strategy. C . Both players have

In Game

3

above,

.

Player A has a dominant strategy.

.

Player B has a dominant strategy.

.

Both players have dominant strategies. D

.

Neither player has a dominant strategy.

7 .

In Game

3

above,

.

Player A choosing A

1

and Player B choosing B

1

.

Player A choosing A

2

and Player B choosing B

1

.

Player A choosing A

1

and Player B choosing B

2

.

there are no Nash equilibria in pure strategies.

is a Nash equilibrium. is a Nash equilibrium. is a Nash equilibrium.

8 .

In Game

3

above, if the players move sequentially with Player B choosing first, the Nash equilibrium will be

.

Player A choosing A

1

and Player B choosing B

1 .

.

Player A choosing A

1

and Player B choosing B

2 .

.

Player A choosing A

2

and Player B choosing B

1 .

.

Player A choosing A

2

and Player B choosing B

2 .

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