What is/are the Nash equilibrium/equilibria of Game 1.7? (If you think there is more than one NE, then select more than one option below before you explain your choice.) Select one: Oa. NE (Up, Left) Ob. NE (Middle, Left) Oc. NE (Down, Left) d. NE = (Up, Right) Oe. NE=(Middle, Right) Of. NE=(Down, Right)

Player 1 оооо Up (up, left) (up, right) (down, left) (down, right) None Down Player 2 Left P1: $15 P2: $15 In the game shown above, list all of the Nash Equilibrium (please check ALL that apply) P1: $12 P2: $18 Right P1:$11 P2: $16 P1: $13 P2: $13

i. ii. QUESTION ONE A. A Nash equilibrium is a strategy profile such that every player's strategy is the best response to all the other players. It requires that each player makes a best response and that expectations regarding the play of other players are correct. Below is the table showing strategies and payoff for Player 1 and Player 2. PLAYER 1 R1 R2 R3 R4 C1 0,7 5,2 7,0 6,6 C2 2,5 3,3 2,5 2,2 PLAYER 2 C3 7,0 5,2 0,7 4,4 CA 6,6 2,2 4,4 10,4 REQUIRED; Transform the normal form game above into an imperfect extensive game form Find the Nash equilibrium for the game above using iterative deletion of strictly dominated strategies. Find the Nash equilibrium using brute force or cell by cell inspection.

O Macmillan Learning In this game table, the Nash equilibrium is Mario's Fancy Mario's Casual Isabella's Fancy Isabella's Casual 3,6 4,8 O Casual, Fancy = (4,8) O Fancy, Casual = (7, 2) O Casual, Casual = (9, 7) O Fancy, Fancy = (3,6) 7,2 9,7

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Player 2 Left Right P1: $4 Player 1 Up P2: $1 P1: $10 Down P2:s10 Which of the Nash Equilibrium to this game are efficient? [Check all that apply] A) (up, left) B) (down, left) C None are efficient (D) (up right) E (down, right) Last saved 4:31:15 PM P1:S1 P2: $6 P1: $0 P2: $11 Grading

1. Consider the following N-player game. Each agent has a choice of strategy A or B. The state variable is x, the proportion of agents choosing strategy A. For every agent, the utility of choosing strategy A is U(A) = 10 +2x and the utility of choosing strategy B is U(B) = 10+3x. What is the Nash equilibrium to this game? Explain.

Consider the game with the payoffs below. Which of the possible outcomes are MORE efficient than the Nash Equilibrium (NE)? Note, they do NOT need to be Nash equilibria themselves, they just need to be more efficient than the NE. Multiple answers are possible, but not necessary. You need to check ALL correct answers for full credit.           JILL          High    Medium    LowMAGGIE    Left    3,4    2,3    2,2Center    4,8    9,7    8,7Right    7,6    8,5    9,4Group of answer choices (Left, Low) There is no strategy combination that is more efficient than the Nash equilibrium for this game. (Right, Medium) (Left, High) (Center, Medium) (Center, High) (Center, Low) (Left, Medium) (Right, Low) (Right, High)

Use the following extensive-form game to answer the following questions. a. List the feasible strategies for player 1 and player 2. b. Identify the Nash equilibria to this game. c. Find the subgame perfect equilibrium.