ECON100 Lecture 5: MCR3U UNIT 1&2 L3
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3 Oct 2016
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QUESTION 15
Consider the following game in strategic form.
2 1 | L | M | R |
U | 1, 1 | 2, 2 | 1, 3 |
D | 3, 0 | 1, -1 | 3, -3 |
All the Nash equilibrium points of this game are:
A. | (D,L) Ã (3, 0) | |
B. | (U,M) Ã (2, 2) | |
C. | ( (1/2,1/2),(1/3,2/3,0)) Ã (5/3,1/2) | |
D. | ( (2/3,1/3),(0,2/3,1/3)) Ã (5/3,1) |