(Optional) Construct the payoff matrix for your that satisfies the following requirements. First, e= three strategies. Second, the game should not ha egies. Third, the game should not be solvable u the game should have exactly two pure-strategy your game matrix, and then demonstrate that all are true.
(Optional) Construct the payoff matrix for your that satisfies the following requirements. First, e= three strategies. Second, the game should not ha egies. Third, the game should not be solvable u the game should have exactly two pure-strategy your game matrix, and then demonstrate that all are true.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Finu all ue purt"3truto5J
a fair mechanism for allocating cookies? Explain why or why not.
U13. (Optional) Construct the payoff matrix for your own two-player game
that satisfies the following requirements. First, each player should have
three strategies. Second, the game should not have any dominant strat-
egies. Third, the game should not be solvable using minimax. Fourth.
should have exactly two pure-strategy Nash equilibria. Provide
your game matrix, and then demonstrate that all of the above conditions
the
game
are true.
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