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)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![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)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F61831d1c-967f-4082-9d73-747b14439d13%2F9fdc8261-a3cf-4d05-8f33-6fdc195cfc89%2Fc2oep9p_processed.jpeg&w=3840&q=75)
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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