Player 2 M (8, 1) (0, 2) | (4, 3) (4, 4) | (0,0) (3,3) | (1,4) Player 1 U (3, 1) (5,0) D

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Determine all of the Nash equilibria (pure-strategy and mixed-strategy equilibria) of the following game:

 

Player 2
M
(8, 1)
(0, 2) | (4, 3)
(4, 4) | (0,0)
(3,3) | (1,4)
Player 1 U
(3, 1)
(5,0)
D
Transcribed Image Text:Player 2 M (8, 1) (0, 2) | (4, 3) (4, 4) | (0,0) (3,3) | (1,4) Player 1 U (3, 1) (5,0) D
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