Use a matrix to model a two-player game of rock-paper-scissors with a payoff of 1 if you

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Use a matrix to model a two-player game of rock-paper-scissors with a payoff of 1 if you win, -1 if you lose, and 0 if you tie.
a. Draw the payoff matrix for this game.
b. Is there an equilibrium in this game where players use pure strategies?
c. Why should you use a mixed strategy to play this game?
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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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