Question: In the payoff matrix below the rows correspond to player As strategies and the columns correspond to player Bs strategies. The first entry in each

In the payoff matrix below the rows correspond to player As strategies and the columns correspond to player Bs strategies. The first entry in each box is player As payoff and the second entry is player Bs payoff.

Player B

x y

Player A x 4,4 3,5

y 5,5 5,5

(a) Find all pure strategy Nash equilibria. (b) Find all Evolutionarily Stable strategies. Give a brief explanation for your answer.

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