Question: Not understanding the game, please help with question below Consider the case of a Simultaneous-Move Game: Consider the case of two households (Amber and Blatz),

Not understanding the game, please help with question below

Not understanding the game, please help with question below Consider the case

Consider the case of a Simultaneous-Move Game: Consider the case of two households (Amber and Blatz), each can choose one of the two strategies - cooperate or deviate. Cooperate Cooperate Part 1: If Blatz chooses to cooperate, Amber's best strategy is to (Cooperate or Deviate) Because is greater than Part 2: If Blatz chooses to deviate, Amber's best strategy is to (Cooperate or Deviate) because is greater than Part 3: If Amber chooses to cooperate, Blatz's best strategy is to (Cooperate or Deviate) because is greater than Part 4: If Amber chooses to deviate, Blatz's best strategy is to (Cooperate or Devi- ate) because is greater than Part 5: Is there a dominant strategy for Amber? (Yes, Deviate) or (No) or (Yes, Cooperate) Part 6: Is there a dominant strategy for Blatz? (N 0) or (Yes, Cooperate) or (Yes, Deviate) Part 7: Is Box 1 a Nash Equilibrium? NoorYes Part 8: Is Box 2 a Nash Equilibrium? No-or-Yes Part 9: Is Box 3 a Nash Equilibrium? No-or-Yes Part 10: Is Box 4 a Nash Equilibrium? No-or-Yes

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