Use the following game table to answer the question: Player 2 Y A 10, 5 6, 3 0,0 Player 1 В 2,6 1, 3 0,0 3,5 3, 4 3, 3 Is the Nash equilibrium of this game for Player 1 to choose A and Player 2 to choose X? Why or why not? It is; if Player 2 chose B or C they would get less than 10, and if Player 1 chose Y or Z they would get less than 5. It is not; Player 2 could get 6, instead of 5, if they chose B. It is; if Player 1 chose B or C they would get less than 10, and if Player 2 chose Y or Z they would get less than 5. It is; if Player 2 chose B or C they would get less than 5, and if Player 1 chose Y or Z they would get less than 10. It is not; Player 1 could get 6, instead of 5, if they chose B.

Consider the following 2-player normal form game. Player 2 Bananas Orange Player 1 Grapes 11, 3 8, 2 Apple 9, 7 6, 5 Player 1's dominant strategy is [Select ] and Player 2's dominant strategy is [ Select ) The Nash Equilibrium of this game is ( Select ) (select all that apply).

Which of the following is NOT an example of a coordination game? O deciding whether to grow tomatoes or flowers coordination with customers O deciding whether to use the same technology as others you are connected to interpersonal relationships

Question > Consider the following matrix game where Player 1 moves first then Player 2 observes player 1's move and responds. Draw the game tree for the sequential move game and then determine all the Nash equilibria. Player 1 Strategy A Strategy B Strategy C Strategy D -3, -2 10, 12 9, 20 Player 2 Please show each step on how to get the answer. Thank you! Strategy E 13,7 17, 17 12, 21 Strategy F 20,8 22, 16 19, 19

Player 1 Up Down [Select] Left 2,4 6,5 Player 2 In the above game, player 1 would play [Select] Right 1,0 4,2 , player 2 would play resulting in a Nash Equilibrium of [Select]

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Consider the payoff matrix for a game depicted below. Player 1 selects the row and Player 2 selects the column.     Up   Down Left   1, -1   -1, 1 Right   -1, 1   1, -1 What is (are) the Nash equilibrium (equilibria)? Question 18Answer a. Player 1 plays right; Player 2 plays down b. Player 1 plays left; Player 2 plays down c. Player 1 plays down; Player 2 plays left d. Player 1 plays right; Player 2 plays up e. Player 1 plays up; Player 2 plays left f. There is no Nash equilibrium g. Player 1 plays down; Player 2 plays right h. Player 1 plays up; Player 2 plays right i. Player 1 plays left; Player 2 plays up