Question: Please answer the questions in the image below. Question 1. Game theory (6 points) The table below shows the payoffs to the running of negative

Please answer the questions in the image below.

Please answer the questions in the image below. Question 1. Game theory

Question 1. Game theory (6 points) The table below shows the payoffs to the running of negative and clean political ads by two presidential candidates. The payoffs are the increase or decrease in the number of voters willing to vote for the candidate. Clinton Clean ads Negative ads Trump Clean ads +1% for Clinton +6% for Clinton +1 % for Trump -6% for Trump Negative ads -10% for Clinton -4% for Clinton +10% for Trump -4% for Trump A) Are there any dominant strategies in this game? Explain. (2 p) B) Is there an equilibrium point in this game? Explain. (2 p) C) Is this a prisoner's dilemma? Explain. (2 p)

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