Sub: Economics Topic: Micro Economics
Game theory- Dominant strategy and Nash equilibriumQ:
Use the following one-shot, normal-form game to answer the questionsbelow.Player 2Strategy DE FA 100, 125 300,250 200, 100Player 1 B 250, 0 500,500 750, 400C 0, -100 400,300 -100, 350a. Find each player’s dominant strategy if exists.b. Find each player’s secure strategy.c. Find the Nash equilibrium
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