Consider the following simultaneous-move game. Player 1 can choose between three actions: U, M, and D. Player 2 can choose between three actions: L, C, and R. Which vector is the Nash equilibrium payoff vector? Player 2 R. 0,0 3.1, 2 4.6, 2.3 Player 1 2, 3.1 4.1, 4.1 5.1, 3.8 D 2.3, 4.6 3.8, 5.1 4.6, 4.6 O (0.0) O (4.6, 4.6) O (4.1, 4.1) O (2.3, 4.6)

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Consider the following simultaneous-move game. Player 1 can choose between three actions: U, M,
and D. Player 2 can choose between three actions: L, C, and R. Which vector is the Nash equilibrium
payoff vector?
Player 2
L
0,0
3.1, 2
4.6, 2.3
Player 1
2, 3.1
4.1, 4.1
5.1, 3.8
D
2.3, 4.6
3.8, 5.1
4.6, 4.6
O (0.0)
O (4.6, 4.6)
O (4.1, 4.1)
O (2.3, 4.6)
Transcribed Image Text:Consider the following simultaneous-move game. Player 1 can choose between three actions: U, M, and D. Player 2 can choose between three actions: L, C, and R. Which vector is the Nash equilibrium payoff vector? Player 2 L 0,0 3.1, 2 4.6, 2.3 Player 1 2, 3.1 4.1, 4.1 5.1, 3.8 D 2.3, 4.6 3.8, 5.1 4.6, 4.6 O (0.0) O (4.6, 4.6) O (4.1, 4.1) O (2.3, 4.6)
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