Posted by **jenny** on Sunday, September 7, 2008 at 11:12pm.

A and B are playing a simultaneous moves game. A can choose either High or Low and B can choose either Near or Far. If A chooses High and B chooses Near, A receives 5 and B receives 5. If A chooses High and B chooses Far A receives 3 and B receives 7. If A chooses Low and B chooses Near A receives 7 and B receives 3. If A chooses Low and B chooses Far, both receive 2.

(a) Write out a table representing each playerˇ¦s strategies and payoffs.

(c)What is/are the Nash equilibrium of this game?

## Answer This Question

## Related Questions

- managerial economics - Players A and B are playing a simultaneous moves game and...
- math - The probability that Ryan chooses Spanish is 0.86 and the probability ...
- college microeconomics - Suppose that two players are playing the following game...
- Grammar - I need the present tense form of the verb choose in this sentence. ...
- Algebra2(check answers) - Will someone please check my answers? 1)Ping is ...
- managerial economics - 1. Some games of strategy are cooperative. One example is...
- Math, Mathematics - A bag contains tiles with the letters P-R-O-B-A-B-I-L-I-T-Y...
- Math - A bag contains tiles with the letters -C-O-M-B-I-N-A-T-I-O-N-S. Lee ...
- Statistics for Decision - Calorie Level Fiber Type High Calorie Low Calorie ...
- Math - A pizzeria offers 8 different ingredients on its pizza. Andy chooses 3 ...

More Related Questions