Consider the following game: (a) Graph the expected payoffs from each of Professor Plum’s strategies as a function of Mrs. Peacock’s p-mix. (b) Over what range of p does Revolver yield a higher...


Consider the following game:


(a) Graph the expected payoffs from each of Professor Plum’s strategies as a function of Mrs. Peacock’s p-mix.


(b) Over what range of p does Revolver yield a higher expected payoff for Professor Plum than Knife?


(c) Over what range of p does Revolver yield a higher expected payoff than Wrench?


(d) Which pure strategies will Professor Plum use in his equilibrium mixture? Why?


(e) What is the mixed-strategy Nash equilibrium of this game?




May 26, 2022
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