Question: Player 1 and Player 2 are playing the following simple static game. They can either both go fishing or they can go hunting. If they
Player 1 and Player 2 are playing the following simple static game. They can either both go fishing or they can go hunting. If they are not together, they come back empty handed. What are the pure strategy Nash equilibria? Mark best responses. Now suppose they both decide to play mixed strategies. What are the mixed strategy Nash equilibria? Draw a graph and show that pure strategy equilibria are also mixed equilibria. Show your work.
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If P1 chooses to play F then the best response of P2 is to choose F If P1 ... View full answer
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