Use successive elimination of dominated strategies to solve the following game. Explain the steps you followed. Show that your solution is a Nash equilibrium.   Find all of the pure-strategy Nash...


Use successive elimination of dominated strategies to solve the following game. Explain the steps you followed. Show that your solution is a Nash equilibrium.




Find all of the pure-strategy Nash equilibria for the following game. Describe the process that you used to find the equilibria. Use this game to explain why it is important to describe an equilibrium by using the strategies employed by the players, not merely by the payoffs received in equilibrium.






May 26, 2022
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