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5. Consider the following game in normal form: Player 2 a b cd A 2,9 3,2 1,1 4,3 B 2,5 5,4 1,1 0,1 Player 1 C 3,8 7,2 3,
Posted: Mon Apr 18, 2022 9:16 am
by answerhappygod
- 5 Consider The Following Game In Normal Form Player 2 A B Cd A 2 9 3 2 1 1 4 3 B 2 5 5 4 1 1 0 1 Player 1 C 3 8 7 2 3 1 (37.38 KiB) Viewed 32 times
5. Consider the following game in normal form: Player 2 a b cd A 2,9 3,2 1,1 4,3 B 2,5 5,4 1,1 0,1 Player 1 C 3,8 7,2 3,7 1,2 D 1,2 9,8 0,2 0,2 E 1,0 1,0 0,1 3,3 (a) (5 points) Identify all the strictly dominated strategies for each player, if any. Explain. (Dominated by which strategy?) (b) (5 points) What strategies are eliminated through iterative deletion of strictly dominated strategies? Is the game dominance solvable? Justify all your answers. (c) (5 points) Identify all the pure strategy Nash equilibria for this game. Explain why they are the equilibria. (d) (10 points) Identify all the mixed strategy Nash equilibria for this game. Explain why they are the equilibria. (e) (5 points) Identify the set of trembling hand perfect equilibria for this game. Ex- plain why some may be the THPE and some may not.