Suppose you have the following game Player 1 Player 2 36 410

Suppose you have the following game Player 1 Player 2 3,6 4,10 5,0 0,8 26 3,3 4,10 1 1,5 2,9 3,0 46 Player 1 is the row player and Player 2 is the column player Solve this game by Rerated deletion of dominated strategies Complete the following paragraph. Write the strategies in capital letters. n the first round, player a finds that strategy In the second round, player i finds that strategy dominates and therefore eliminated. dominates both and and are therefore eliminated In the third round player 2 finds that Therefore, players s and 2 play the profile (urite the profile with parenthesis, for example (D,2) dominates both and and are therefore eliminated In this profile, player i gets a payoff of ck Save and Submit to save and submit. Click Save All Answers to save all answers

Solution

Consider the given problem here there are two players and their payoff functions corresponding to each possible cases is also given in the question.

In the 1^st round, player 2 finds that strategy “X” dominates “Z” and therefore eliminated. As we can see “Player 2” gets more payoff under “X” compare to “Z”.

In the 2^nd round, player 1 finds that strategy “W” dominates both “M” and “D”, and are therefore eliminated. As we can see “Player 1” gets more payoff under “U” compare to “M” and “D”.

In the third round player 2 finds that “X” dominates both “W” and “Y” and are therefore eliminated.

Therefore, players 1 and 2 play the profile “U, X”. In this profile, player 1 gets a payoff of “4” and player 2 gets a payoff of “10”.