Answer all parts and explain your answers. Thanks! Consider the following game:

Question

Answer all parts and explain your answers. Thanks!

Consider the following game: What actions can be eliminated by dominant (mixed or pure) strategies? List a specific pure or mixed strategy that dominated the eliminated strategy. (hint: Each player can eliminate one strategy. One of the players strategies might only be able to be eliminated after the other player eliminates a dominated Strategy. Player 1 is the player with strategies T, M, and B.| Player 1 can eliminate, which is dominated by Player 2 can eliminate, which is dominated by List all three Nash equilibrium strategies for this game: NE notequalto 1: NE notequalto 2: NE notequalto 3:

Explanation / Answer

player can eliminate M which is dominated by B

since b offers a better payoff than m for player 1

now that m is removed

player 2 will eliminate R which is dominatesd by C

since C offers a better pay off to player 2 than R

ne #1 BL

ne#2 MC

ne#3 BR

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