For the chicken game in Figure 4.13 from Chapter 4, graph the best responses of James and Dean on a p-q coordinate plane. Label all of the Nash equilibria. U8. (a) Find all pure-strategy Nash...

For the chicken game in Figure 4.13 from Chapter 4, graph the best responses of James and Dean on a p-q coordinate plane. Label all of the Nash equilibria.

U8.

(a) Find all pure-strategy Nash equilibria of the following game:

(b) Now find a mixed-strategy equilibrium of the game. What are the players’ expected payoffs in the equilibrium?