If a game has a mixed strategy Nash equilibrium then which of the following statements is true? There is at least two pure strategy Nash equilibrium. There are at least two rationalizable strategies. Players prefer any pure strategy Nash equilibrium to the mixed strategy Nash equilibrium. Players always prefer to mix when the other player mixes. None of the above.
If a game has a mixed strategy Nash equilibrium then which of the following statements is true? There is at least two pure strategy Nash equilibrium. There are at least two rationalizable strategies. Players prefer any pure strategy Nash equilibrium to the mixed strategy Nash equilibrium. Players always prefer to mix when the other player mixes. None of the above.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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If a game has a mixed strategy Nash equilibrium then which of the following statements is true?
There is at least two pure strategy Nash equilibrium.
There are at least two rationalizable strategies.
Players prefer any pure strategy Nash equilibrium to the mixed strategy Nash equilibrium.
Players always prefer to mix when the other player mixes.
None of the above.
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