Page 1 of 1
Question 3. (15 points) a) Which strategies in the game below are strictly dominated for Alice and Bob, respectively? Bo
Posted: Thu May 26, 2022 7:49 am
by answerhappygod
- Question 3 15 Points A Which Strategies In The Game Below Are Strictly Dominated For Alice And Bob Respectively Bo 1 (59.83 KiB) Viewed 16 times
Question 3. (15 points) a) Which strategies in the game below are strictly dominated for Alice and Bob, respectively? Bob Left Center Right Up 2,2 0,3 5,1 Alice Middle 1,3 1,4 6,4 Down 3,1 2,3 6,0 b) Identify the Nash equilibria in pure strategies. Can the equilibrium be found using elimination of strictly dominated strategies or using iterated elimination of dominated strategies? Motivate your answer. c) What is the difference between these concepts? Discuss why the different concepts exist, and how they relate to each other.