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Consider the following two person static game where Player 1 is the row player a

ID: 1146292 • Letter: C

Question

Consider the following two person static game where Player 1 is the row player and Player 2 is the column player

There is an equilibrium where Player 1 plays A with probability 2/3.

There is no mixed strategy Nash equilibrium.

There is an equilibrium where Player 1 plays A with probability 3/4.

There is an equilibrium where Player 1 plays A with probability 1/2.

select 1 answer

a.

There is an equilibrium where Player 1 plays A with probability 2/3.

b.

There is no mixed strategy Nash equilibrium.

c.

There is an equilibrium where Player 1 plays A with probability 3/4.

d.

There is an equilibrium where Player 1 plays A with probability 1/2.

21 DOI c10

Explanation / Answer

Answer :- Option c). There is an equilibrium where Player 1 plays A with probability 3/4.

Conclusion :- Option c).