(b) ROWENA up down Answer 1: up In this simultaneous move game, the iterated dominance equilibrium is (Rowena's Colin's left Answer 2: left Up Down This game has two Nash equilibria one of which is the iterated dominance equilibrium. The other Nash equilibrium, which is not the IDE, is (Rowena's Colin's right Answer 3: Left down 0,0 0,0 COLIN Right 0,0 1,1
(b) ROWENA up down Answer 1: up In this simultaneous move game, the iterated dominance equilibrium is (Rowena's Colin's left Answer 2: left Up Down This game has two Nash equilibria one of which is the iterated dominance equilibrium. The other Nash equilibrium, which is not the IDE, is (Rowena's Colin's right Answer 3: Left down 0,0 0,0 COLIN Right 0,0 1,1
Chapter8: Game Theory
Section: Chapter Questions
Problem 8.9P
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