Consider the payoff matrix listed below: IS |1, -1 3, 0 |2, 1 0, 3 1, 2 |0, 0 3, 1 5, 3 2, 1 What is the Nash Equilibium of the game? a. (B, R) b. (U, Q) c. (B, S) d. (C, Q) M/2/6
Consider the payoff matrix listed below: IS |1, -1 3, 0 |2, 1 0, 3 1, 2 |0, 0 3, 1 5, 3 2, 1 What is the Nash Equilibium of the game? a. (B, R) b. (U, Q) c. (B, S) d. (C, Q) M/2/6
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:Consider the payoff matrix listed below:
IS
|1, -1
3, 0
|2, 1
0, 3
1, 2
|0, 0
3, 1
5, 3
2, 1
What is the Nash Equilibium of the game?
a. (B, R)
b. (U, Q)
c. (B, S)
d. (C, Q)
M/2/6
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