( Find all Nash equilibria (pure and mixed strategy) of the following normal form Bame: Player 2 L (s) C (1) R(1-s-t)

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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3. ( Find all Nash equilibria (pure and mixed strategy) of the following normal form
Bame:
Player 2
L (s)
C (1)
R (1-s-t)
U (p)
4, 5
5, 6
6, 5
M (q)
3, 8
5, 5
8, 5
Player 1
D (1-p-q)
3, 4
6, 5
7,6
Transcribed Image Text:3. ( Find all Nash equilibria (pure and mixed strategy) of the following normal form Bame: Player 2 L (s) C (1) R (1-s-t) U (p) 4, 5 5, 6 6, 5 M (q) 3, 8 5, 5 8, 5 Player 1 D (1-p-q) 3, 4 6, 5 7,6
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