O C,R O D,L O B,R D,M

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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3

The following game can be
solved by iteratively
eliminating dominated
strategies. The strategy profile
that survives the elimination is
Player 2
L
M
R
A
3,1 2,2 2,0
B 5.2 1,3 1.4
C 2,5 1,2 2,3
4,1 3,2 1,2
Player 1
D
C,R
D,L
В,R
D,M
C,L
Transcribed Image Text:The following game can be solved by iteratively eliminating dominated strategies. The strategy profile that survives the elimination is Player 2 L M R A 3,1 2,2 2,0 B 5.2 1,3 1.4 C 2,5 1,2 2,3 4,1 3,2 1,2 Player 1 D C,R D,L В,R D,M C,L
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