Game played

by | Jun 29, 2021 | Assignment Help

Consider the following normal form of the game played by Mork and Mindy               

 Mindy X YZ Mork

A 10, 300, 20, 20, 30

B 15 , 35, 10, 40, 10 , 40

C 25, 25,5 5, 25, 5 , 25

a. Does Mork have a dominant strategy?

b. Does Mindy have a dominant strategy? (Answer: Yes)

c. Given that Mindy has a dominant strategy, does Mark have an optimal strategy?

d. What is the unique Nash Equilibrium of the game?

This is a sample question

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