Thanks for your help! Player B Left Right Top 1,9 1,9 PlayerA Bottom 0,0 2,1 Doe
ID: 1238457 • Letter: T
Question
Thanks for your help! Player B Left Right Top 1,9 1,9 PlayerA Bottom 0,0 2,1 Does either player have a dominant strategy? Identify any Nash equilibria in this game? Thanks for your help! Player B Left Right Top 1,9 1,9 PlayerA Bottom 0,0 2,1 Does either player have a dominant strategy? Identify any Nash equilibria in this game? Left Right Top 1,9 1,9 PlayerA Bottom 0,0 2,1 Does either player have a dominant strategy? Identify any Nash equilibria in this game?Explanation / Answer
i'm a little bit rusty on game theory, but i am fairly certain thatPlayer B has a dominant strategy in choosing Right and player A hasno dominant strategy. And i believe that the only Nash equilibriumin this game is Top Left. This is because at this point there is noincentive for Player A to choose the bottom as he will decreasefrom 1 to 0, and player B would not change either because he wouldnot gain anything from choosing right, he remains at 9. hopefully this helps, if you need any more clarification feel freeto message me.