QUESTION 4. Consider the following game. Player 1's payoffs are listed first, in bold: P2 W Y A 200 300 100 500 300 3 1
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QUESTION 4. Consider the following game. Player 1's payoffs are listed first, in bold: P2 W Y A 200 300 100 500 300 3 1
QUESTION 4. Consider the following game. Player 1's payoffs are listed first, in bold: P2 W Y A 200 300 100 500 300 3 1 L L L P1 B 300 400 0 500 0 3 L L L C 20 300 10 300 310 400 50 2 L L L L a. Does either player have any weakly dominant strategies? List it/them or explain why not. b. Does either player have any strictly dominated strategies? If yes, list it/them. c. If the game were played sequentially with Player 1 going first, what is the subgame perfect Nash equilibrium? 500 Z
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