Problem 1. Consider the following strategic game: A В C D 10,10 6,8 4,5 10,1 y 7,4 62,10 4,5 10,3 8,6 8,6 8,5 10,4 a) Find all pure strategies dominated by a pure strategy.
Problem 1. Consider the following strategic game: A В C D 10,10 6,8 4,5 10,1 y 7,4 62,10 4,5 10,3 8,6 8,6 8,5 10,4 a) Find all pure strategies dominated by a pure strategy.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Problem 1. Consider the following strategic game:
A
в С
B
C D
10,10
6,8
4,5 10,1
y
7,4
6½,10 4,5 10,3
8,6
8,6
8,5 10,4
a) Find all pure strategies dominated by a pure strategy.
b) Find all pure strategies dominated by a mixed strategy.
c) Find all pure NE.
d) Find all mixed NE.
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