Question: v 5. Consider Jake and Al. They are considering going to Portugal or Sweden once the pandemic ends. Here are their payoffs: Al's choices: Sweden

5. Consider Jake and Al. They are considering going to Portugal or Sweden once the pandemic ends. Here are their payoffs: Al's choices: Sweden Portugal Jake's choices Sweden Portugal (10,5) (3,6) (3,6) (4,9) a) The strategy (S, P), represents Jake going to and Al going to a. It has payoff for Jake and for AI. b) Is there a dominant strategy in this game? Explain. c) Find the Nash equilibrium (equilibria) in this game, if one or more exists. If there is no Nash equilibrium, then explain why not. What is/are the payoffs in these Nash equilibria (this equilibrium)

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