E. Three Player Simultaneous-Move Game. Find all the relevant Nash Equilibrium of the simultaneous version of the pay-ra

[answerhappygod]

E Three Player Simultaneous Move Game Find All The Relevant Nash Equilibrium Of The Simultaneous Version Of The Pay Ra 1 (56.32 KiB) Viewed 36 times

E. Three Player Simultaneous-Move Game. Find all the relevant Nash Equilibrium of the simultaneous version of the pay-raise voting game we covered in class. Recall that voting is by majority rule so that only 2 votes are needed to pass the proposal and that b>c. Make sure to list each player's strategy and payoffs. Note that the players' payoffs in each cell are listed in the order of the row, column, and the matrix player. The Matrix player's choices are between Yes and No as well. (8 points) Matrix Player: Yes Matrix Player: No Column Column Yes Player No Player No Yes Row Player Yes Row Player Yes b c, b c, b c b-c, b, b c b c, b c, b -c, 0,0 No b, b c, b c 0, 0, - No 0, -c, 0 0,0,0