Consider the following payoff matrix below. Player 1 and Player 2 have two options, A or B. The payoffs are given in the form of (Player 1, Player 2). Higher numbers are more desirable. What is Player 2's dominant strategy? Player 2 A B Player 1 A 5,6 2,2 B 4,3 5,2 O Play A O Play B O No Dominant Strategy

Consider the game in the table below. What is firm A's payoff from their best response to Firm B choosing Down? Firm A Left Straight Right Up 7,5 3,7 1,3 Firm B Middle 8,14 2,7 4,17 Down 9,13 1,3 2,16 16

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In the game theory diagram. Is it firstly okay that I use decimals? And what is the Nash equilibrium and dominant strategies of each player. Where high = high price and low = low price. For the two companies

The following game is played by 2 players         Adam Jack   Left Middle Right Up 1,2 3,5 2,1 Middle 0,4 2,1 3,0 Down -1,1 4,3 0,2   Determine all dominant strategies for Adam and Jack.  Solve the equilibrium for this game.

Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions. Player 2 E Strategy C 6, 14 12, 5 Player 1 a. What is player 1's optimal strategy? B D 7, 11 18, 20 15, 1 7, 25 O Player 1 does not have an optimal strategy. O Strategy B Strategy A b. Determine player 1's equilibrium payoff. F 10, 19 16, 17

Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions. Strategy A Player 1 B Player 2 C D E F 19, 4 9, 15 7, 18 11, 13 8, 10 17, 7 12, 15 4, 9 a. What is player 1's optimal strategy? Strategy B Player 1 does not have an optimal strategy. Strategy A b. Determine player 1's equilibrium payoff. 8 *

one two X, 14 three four Firm B Low Firm A Sell High 6, Y Buy Low Let X = 9, Y = 15 and Z=10. This game has 10, Z Firm B High 8,8 Nash equilibrium.

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In the following games, all payoffs are listed with the row player's payoffs first and the column player's payoffs second. GAME 33 Player A Player B B1 10, 12 A1 A2 9,3 A3 8, 10 In Game 33 above, B2 B3 8,8 12, 10 7,6 11, 1 9,4 14, 3 B1 is a dominated strategy for Player B B2 is a dominated strategy for Player B B3 is a dominated strategy for Player B Player B has no dominated strategies.