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.

Fred and Naomi are trying to decide how to spend Sunday. Their payoffs in terms of satisfaction are below. Fred's strategy Football Naomi strategy Football Movie There is no dominant strategy Dominant strategy is football Dominant strategy is movie There is no Nash equilibrium 5,3 1,1 Movie 0,0 3,5

Find a situation from everyday life and model it as a strategic game. Then, find Nash equilibria and present your findings.

Game theory is a useful tool for analyzing Situations in which multiple parties make decisions that do not affect each other. Situations in which multiple parties make decisions with the potential to affect each other. Situations in which multiple parties make decisions. Situations in which one party makes a decision with the potential to affect other parties. Any situation in which a decision must be made.

In penalty shoot-outs, the Nash Equilibrium strategies of goalies and players depend on how important the game is. In more important games, the Nash Equilibrium will favor low-risk strategies since players are risk-averse. True False

Two supermarkets face the following possibilities.                       Superstore     Advertise Don’t Advertise Megastore Advertise $95, $80 $305, $55 Don’t Advertise $65, $285 $165, $115     47. A Nash equilibrium is Group of answer choices for Megastore to advertise and for Superstore to advertise. for Megastore to advertise and for Superstore not to advertise for Megastore not to advertise and for Superstore to advertise. for Megastore not to advertise and for Superstore not to advertise. There is no Nas equilibrium in this rivalry game.