Consider the normal game shown below: 11. Which of the following is a Nash Equilibrium pair of strategies for the game?
Posted: Thu Jul 07, 2022 2:23 pm
Consider the normal game shown below:
11. Which of the following is a Nash Equilibrium pair ofstrategies for the game?
A. (Y,B)
B. (Y,A)
C. (W, B)
D. The game has no Nash Equilibrium pair ofstrategies12. Suppose Paul chooses to use action A and Peter knows this. Whatis Peter's best response to this?
A. X
B. Y
C. Y or W
D. W or Z
13. Which of the following actions is dominant forPeter
A. there is no dominant move for Peter
B. Y
C. Z
D. W
14. Suppose Peter chooses to use action X and Paul knowsthis. What is Paul's best response to this?
A. Choose A
B. Choose B
C. Choose C
D. Choose any of his possible moves15. Suppose the game is altered so that Paul's B move is removedand he is allowed to make the first move. What will be his wisestmove?
A. Choose A
B. Choose C
C. There is no way knowing his best move
11. Which of the following is a Nash Equilibrium pair ofstrategies for the game?
A. (Y,B)
B. (Y,A)
C. (W, B)
D. The game has no Nash Equilibrium pair ofstrategies12. Suppose Paul chooses to use action A and Peter knows this. Whatis Peter's best response to this?
A. X
B. Y
C. Y or W
D. W or Z
13. Which of the following actions is dominant forPeter
A. there is no dominant move for Peter
B. Y
C. Z
D. W
14. Suppose Peter chooses to use action X and Paul knowsthis. What is Paul's best response to this?
A. Choose A
B. Choose B
C. Choose C
D. Choose any of his possible moves15. Suppose the game is altered so that Paul's B move is removedand he is allowed to make the first move. What will be his wisestmove?
A. Choose A
B. Choose C
C. There is no way knowing his best move