In the following static game represented in its normal form, where the first figure refers to the payoff of Tik and the second figure refers to the payoff of Tok, where does the mixed strategy Nash equilibrium lie? Tok Stay 2,1 0,0 Leave Tik Stay 0,0 1,2 Leave For all of the following, mixed strategies for either player are denoted as (p,q), where p=probability of choosing Stay and q=probability of choosing Leave. А. Tik (1/3, 2/3); Tok (1/3, 2/3) B. Tik (1/3, 1/3); Tok (1/3, 1/3) с. Tik (2/3, 1/3); Tok (1/3, 2/3) D. Tik (1/3, 2/3); Tok (2/3, 1/3)

In the following static game represented in its normal form, where the first figure refers to the payoff of Tik and the second figure refers to the payoff of Tok, where does the mixed strategy Nash equilibrium lie? Tok Stay 2,1 0,0 Leave Tik Stay 0,0 1,2 Leave For all of the following, mixed strategies for either player are denoted as (p,q), where p=probability of choosing Stay and q=probability of choosing Leave. А. Tik (1/3, 2/3); Tok (1/3, 2/3) B. Tik (1/3, 1/3); Tok (1/3, 1/3) с. Tik (2/3, 1/3); Tok (1/3, 2/3) D. Tik (1/3, 2/3); Tok (2/3, 1/3)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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In the following static game represented in its normal form, where the first figure
refers to the payoff of Tik and the second figure refers to the payoff of Tok, where
does the mixed strategy Nash equilibrium lie?
Tok
Stay
2,1
0,0
Leave
Tik
Stay
0,0
1,2
Leave
For all of the following, mixed strategies for either player are denoted as (p,q), where
p=probability of choosing Stay and q=probability of choosing Leave.
Tik (1/3, 2/3); Tok (1/3, 2/3)
Tik (1/3, 1/3); Тok (1/3, 1/3)
Tik (2/3, 1/3); Тok (1/3, 2/3)
Tik (1/3, 2/3); Tok (2/3, 1/3)
А.
В.
С.
D.

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