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(4 points) For the following 2-player nonzero-sum game, simplify the game as muc

ID: 1168707 • Letter: #

Question

(4 points) For the following 2-player nonzero-sum game, simplify the game as much as you can by eliminating dominated strategies. L C R U 1, 3 4, 5 9, 0 M 2, 7 2, 4 4, 0 D 8, 0 3, 5 1, 2

2. (3 points) List the Pareto efficient outcomes of the game in Question 1 (e.g., (U,L), . . .).

1. (4 points) For the following 2-player nonzero-sum game, simplify the game as much as you can by eliminating dominated strategies. U 1,3 4,5 9,0 M 2,7 2,4 4,0 D 8,0 3,5 1,2 2. (3 points) List the Pareto efficient outcomes of the game in Question 1 (e.g., (U,L)

Explanation / Answer

4,5