ltaneously choose the action Left or Right. The payoff matrix/table that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower right cell shows that if Clancy chooses Right and Eileen chooses Right, Clancy will receive a payoff of 3 and Eileen will receive a payoff of 6. Eileen Left Right
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Solving for dominant strategies and the Nash equilibrium
Eileen | |||
Left | Right | ||
Clancy | Left | 5, 6 | 5, 5 |
Right | 4, 2 | 3, 6 |
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