ECO 355 Game Theory I need a right answer of it QUESTION 14

ECO 355 Game Theory I need a right answer of it.

QUESTION 14 Player II Player i A 6,6 2,0 B 0,1 aa Consider the game represented above in which BOTH Player 1 and Player 2 get a payoff of \"a\" when the strategy profile played is (B.D). Select the correct answer O If a-1 then strategy B is strictly dominated O If a-3/2 then the game has two pure strategy Nash Equilibria. O For all values of \"a\" strategy A is strictly dominant. O For small enough values of \"a\", the profile (A,D) is a pure strategy Nash Equilibrium

Solution

Answer :- Option B). If a = 3/2 then the game has two pure strategy Nash Equilibria.

Conclusion :- Option B).

ECO 355 Game Theory I need a right answer of it. QUESTION 14 Player II Player i A 6,6 2,0 B 0,1 aa Consider the game represented above in which BOTH Player 1 an

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site