Consider the following game:
A
B
A
12,18
5,9
B
6,8
20,15
List all of the Pure Strategy Nash Equilibria of this game.
There is also a mixed strategy Nash Equilibrium to this game. In that equilibrium, with what probabilities will each player play action A? Action B?
Consider the following game:
| A | B | |
| A | 12,18 | 5,9 |
| B | 6,8 | 20,15 |
List all of the Pure Strategy Nash Equilibria of this game.
There is also a mixed strategy Nash Equilibrium to this game. In that equilibrium, with what probabilities will each player play action A? Action B?
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Related questions
Consider the following game of chicken. Two firms are considering entering the market for fidget spinners. The payoffs from each possible action (enter or not enter) are presented in the payoff matrix below. The first payoff in each cell is for Twisters:
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Acme Inc |
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Don't enter |
Enter |
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Twisters |
Don't enter |
( 0, 0 ) |
( 0, 1 ) |
|
Enter |
( 1, 0 ) |
( -2, -2 ) |
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If both Acme and Twisters make their choice simultaneously, which of the following is true?
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a. This game has no Nash equilibrium. |
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b. This game has a single Nash equilibrium. |
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c. This game has more than one Nash equilibrium. |
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d. Neither Acme Inc nor Twisters has a strictly dominant strategy. |
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e. both c and d are correct. |
