Iterative Elimination of Dominated Strategies Exercise 4.2 Consider the following normal form of a game. Use IEDS to reduce this game and find any Nash Equilibrium. X Y Z (60,50) (50,110) (70,90) (100,60) (70,70) (110,100) (110,70) (100,110) (40,40)

Iterative Elimination of Dominated Strategies Exercise 4.2 Consider the following normal form of a game. Use IEDS to reduce this game and find any Nash Equilibrium. X Y Z (60,50) (50,110) (70,90) (100,60) (70,70) (110,100) (110,70) (100,110) (40,40)

ENGR.ECONOMIC ANALYSIS

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Chapter1: Making Economics Decisions

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Question

Iterative Elimination of Dominated Strategies
Exercise 4.2
Consider the following normal form of a game. Use IEDS to reduce this game and
find any Nash Equilibrium.
X
Y
Z
(60,50)
(50,110) (70,90)
(100,60)
(70,70) (110,100)
(110,70) (100,110) (40,40)

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