Find the Nash equilibria of and the set of rationalizable strategies for the games in Exercise 1… 1 answer below »

Find the Nash equilibria of and the set of rationalizable strategies for the games in Exercise 1 at the end of Chapter 6. ? Find the Nash equilibria of the games in Exercise 1 of Chapter 7

Exercise 1

Consider the normal-form game pictured here.

(a) What are the Nash equilibria of this game?

(b) Which of these equilibria are efficient?

(c) Is the set X = {w, x} × {b, c} weakly congruent?

 

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