3) Find pure and mixed strategy Nash Equilibria of the following games 1) Matching Pennies game: Player B - heads Player B - tails Player A - heads 1, -1 -1, 1 Player A - tails -1, 1 1, -1 2) Bank bailout Bank-Risky Bank - Safe Government- Bailout Government- Let fail 6,2 0,3 3,6 4,5
3) Find pure and mixed strategy Nash Equilibria of the following games 1) Matching Pennies game: Player B - heads Player B - tails Player A - heads 1, -1 -1, 1 Player A - tails -1, 1 1, -1 2) Bank bailout Bank-Risky Bank - Safe Government- Bailout Government- Let fail 6,2 0,3 3,6 4,5
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter16: Bargaining
Section: Chapter Questions
Problem 3MC
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Transcribed Image Text:3)
Find pure and mixed strategy Nash Equilibria of the following games
1) Matching Pennies game:
Player B - heads
Player B - tails
Player A - heads
1, -1
-1, 1
Player A - tails
-1, 1
1, -1
2) Bank bailout
Bank-Risky
Bank - Safe
Government- Bailout
Government- Let fail
6,2
0,3
3,6
4,5
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