Timed TestThis test has a time limit of 2 hoursYou will be n

Timed TestThis test has a time limit of 2 hours.You will be notified when time expires, and you may continue or submit Warnings appear when half the time, 5 minutes, 1 minurte, and 30 soconds romain. Multiple Attempts Not allowed. This test can only be taken onco. Force Completion Once started, this test must be completed in one sitting. Do not loave the tost before dicking Save and Submit. Remaining Time: 1 hour 58 minutos, 58 seconds. Question Completion Status Moving to another question will save this response Question Player I A 3,34,2 1,4 Player B 2,0 3,0 11 C11 2-1 0,2 The iterative elimination of dominated strategies (IEDS) solution is tho strategy profile consisting in strategy r Player 1 and strategy for Player 2. à Moving to another question will save this response. 8 2 3 4 5 6

Solution

Thus iterated elimination results in the following strategies remaining. This is given by strategy A for player 1 and strategy F for player 2. Thus (A,F) is the dominant strategy equilibrium with payoffs of (1,4).