Suppose that players 1 and 2 are engaged in a game of strategy. Each player can take action A, B, or C, which yield the following payoffs:
____A ____B_____C
A (10,7) (17,11) (9,12)
B(17,18)(24,21)(17,16)
C(8,19)(18,20)(19,22)
a. Are there any dominant strategies for either player in this game?
b. What are the (pure strategy) Nash equilibria?
____A ____B_____C
A (10,7) (17,11) (9,12)
B(17,18)(24,21)(17,16)
C(8,19)(18,20)(19,22)
a. Are there any dominant strategies for either player in this game?
b. What are the (pure strategy) Nash equilibria?