Question: Player 1 and player 2 are playing a simultaneous - move one - shot game, where player 1 can move up or down and player

Player 1 and player 2 are playing a simultaneous-move one-shot game, where player 1 can move up or down and player 2 can move left or right. The payoff that each player gets depends on what both players choose. If player 1 moves up while player 2 moves left, player 1 receives a payoff of-5, and player 2 receives a payoff of-5. If player 1 chooses up and player 2 chooses right, player 1 receives a payoff of-10, while player 2 receives a payoff of-3. If player 1 instead chooses down and player 2 chooses left, then player 1 receives a payoff of-4, and player 2 receives a payoff of-11. Finally, if player 1 chooses down and player 2 chooses right, then player 1 receives a payoff of-8, and player 2 receives a payoff of-10. Use this information to answer the questions below. Note that it may help to summarize the above information into a payoff matrix before tackling the questions.
1st attempt
Part 1(2points)
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Which of the following statements is true regarding player 1?
Choose one or more:A.Player 1 does not have a dominant strategy.B.Player 1 has a dominant strategy to play left.C.Player 1 has a dominant strategy to play up.D.Player 1 has a dominant strategy to play right.E.Player 1 has a dominant strategy to play down.
Which of the following statements is true regarding player 2?
Choose one or more:A.Player 2 has a dominant strategy to play right.B.Player 2 has a dominant strategy to play down.C.Player 2 has a dominant strategy to play up.D.Player 2 does not have a dominant strategy.E.Player 2 has a dominant strategy to play left.
Part 2(1point)
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Which of the following outcomes is a pure strategy Nash equilibrium of this game?
Choose one or more:A.Player 1 plays down; player 2 plays left.B.Player 1 plays up; player 2 plays right.C.Player 1 plays up; player 2 plays left.D.There is no pure strategy Nash equilibrium in this game.E.Player 1 plays down; player 2 plays right.
Part 3(1point)
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Is there an equilibrium in this game where at least one player does not place a 100% probability on an action?

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