Under what condition can we infer that D is a dominant strategy for Player 1? Player 1 x>y.z<1. x< 1, 2>0. x>0, y< 1. Ⓒy< 1. z>0. U D L X, 0 1, z Player 2 R 0, y z, 1

Q-2. In order to fight for market share, two companies A and B each have the following strategies, company A has 4 strategies, namely Newspapers, Radio, TV and Social Media, while B has 3 strategies, namely Newspapers, Radio and TV. (percentage of market share.%) are as follows: Matriks Payoff: Asked: i A Koran Radio TV Sosmed B Koran Radio TV -2 1 2 3 -1 -2 -1 1 3 1 2 4 a. Does the game have a Saddle point? b. If not, determine Optimal strategy A and B

ITERATIVE DOMINANCE Consider the following game in strategic form. b1 b2 b3 9,4 11,5 a1 1,6 6,7 3,1 a2 2,3 7,3 7,8 a3 4,2 Which of the following payoff profiles survive iterative deletion of strictly dominated strategies? (Mark all profiles that survive.) O O O O O O O O O

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Player 2 A B C А 2, 2 6,1 1,1 Player 1 B 1,6 5,5 1,1 1,1 1,1 4,4 Consider the simultaneous move game represented in normal form by this payoff matrix. Suppose that the game is repeated for two periods. Which of the following outcomes could occur in some subgame perfect equilibrium (SPE) of this repeated game? Choose True if you think the outcome can be a SPE, otherwise choose False. (B, B) is played in the first period, (C, C) is played in the second period. (A, A) is played in both periods. (C, C) is played in both periods.

Which of the following is true of the normal form game below: P1. 2 X Y U Pl. 1 M D a. D is a dominated strategy for Player 1 b. U is a dominant strategy for Player 1 C. Z is a dominant strategy for Player 2 d. All of the above e. None of the above Y Z 0,4 4,5 1,5 5,3 2,0 8,3 4,2 3.7 0,1 3

Consider the following game: p 2,10 0,5 5,2 0,5 5,10 Which of the following is FALSE for the SPE of this game? a. If p in [0.6, 1], then playing x is an equilibrim strategy for player 1 b. If p in [0, 0.6], then playing y is an equilibrim strategy for player 1 C. For all possible p values in [0,1], playing x is an equilibrium strategy for player 1 y y R Nature 1 2 1-p y R X 2,10

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