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Determine which strategies are dominated in the following normal-form games. 2 2 1 L C R 1 L R U 5,9 0.1 4,3 A 3,3 2,0 Σ 3,2 0,9 1,1 B 4,1 8,-1 D 2.8 0,1 8,4 (b) (a) 2 1 W X Y N 2 L R U 3,6 4,10 5,0 0,8 U 1,1 0,0 M 2,6 3,3 4,10 1,1 Ꭰ 0,0 5,5 D 1,5 2,9 3,0 4,6 (c) (d)

Determine which strategies are dominated in the following normal-form games. 2 2 1 L C R 1 L R U 5,9 0.1 4,3 A 3,3 2,0 Σ 3,2 0,9 1,1 B 4,1 8,-1 D 2.8 0,1 8,4 (b) (a) 2 1 W X Y N 2 L R U 3,6 4,10 5,0 0,8 U 1,1 0,0 M 2,6 3,3 4,10 1,1 Ꭰ 0,0 5,5 D 1,5 2,9 3,0 4,6 (c) (d)

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Determine which strategies are dominated in the following normal-form games. 2 2 1 L C R 1 L R U 5,9 0.1 4,3 A 3,3 2,0 Σ 3,2 0,9 1,1 B 4,1 8,-1 D 2.8 0,1 8,4 (b) (a) 2 1 W X Y N 2 L R U 3,6 4,10 5,0 0,8 U 1,1 0,0 M 2,6 3,3 4,10 1,1 Ꭰ 0,0 5,5 D 1,5 2,9 3,0 4,6 (c) (d)
Transcribed Image Text:Determine which strategies are dominated in the following normal-form games. 2 2 1 L C R 1 L R U 5,9 0.1 4,3 A 3,3 2,0 Σ 3,2 0,9 1,1 B 4,1 8,-1 D 2.8 0,1 8,4 (b) (a) 2 1 W X Y N 2 L R U 3,6 4,10 5,0 0,8 U 1,1 0,0 M 2,6 3,3 4,10 1,1 Ꭰ 0,0 5,5 D 1,5 2,9 3,0 4,6 (c) (d)
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