Player 2 4, 4 0,2 Player 1 M 2,0 2,2 B. 3,0 1,0 a) Find the the pure-strategy Nash equilibria b) Find a mixed-strategy Nash equilibria in which Player 1 plays all three of their strategies with positive probability.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter7: Uncertainty
Section: Chapter Questions
Problem 7.3P
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Player 2
4, 4
0, 2
Player 1
M
2,0
2,2
B.
3,0
1,0
a) Find the the pure-strategy Nash equilibria
b) Find a mixed-strategy Nash equilibria in which Player 1 plays all three of their strategies
with positive probability.
Transcribed Image Text:Player 2 4, 4 0, 2 Player 1 M 2,0 2,2 B. 3,0 1,0 a) Find the the pure-strategy Nash equilibria b) Find a mixed-strategy Nash equilibria in which Player 1 plays all three of their strategies with positive probability.
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