R L S 1,2 -1,2 3,2 1,5 M 1,1 2,-1 4,5 1,3 3.4 0,1 5,4 4,1 B 1,-1 N 6,1 4,4 1,4 a) Find the mixed strategy that dominates M b) Find the set B2 c) Find all the Pareto efficient strategy profiles
R L S 1,2 -1,2 3,2 1,5 M 1,1 2,-1 4,5 1,3 3.4 0,1 5,4 4,1 B 1,-1 N 6,1 4,4 1,4 a) Find the mixed strategy that dominates M b) Find the set B2 c) Find all the Pareto efficient strategy profiles
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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