1. Find all pure strategy Nash equilibria. 2. Find all strictly dominated strategies. 3. After removing all strictly dominated strategies, find all strictly dominated strategies in the game with the strategies you found in part b. eliminated. 4. Continue the process until you can no longer find any more (iteratively) undominated strategies.

1. Find all pure strategy Nash equilibria. 2. Find all strictly dominated strategies. 3. After removing all strictly dominated strategies, find all strictly dominated strategies in the game with the strategies you found in part b. eliminated. 4. Continue the process until you can no longer find any more (iteratively) undominated strategies.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter2: Mathematics For Microeconomics

Section: Chapter Questions

Problem 2.16P

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