(Solved): 5. Game Theory Player A and Player B play a simultaneous move game. The payoff matrix for the game ...

5. Game Theory Player A and Player B play a simultaneous move game. The payoff matrix for the game is written below. Each cell contains Player A's payoff, followed by Player B's payoff. \( A_{1} \) \( + \) 0 \( >_{1} \) \( \pi \) \( \frac{1}{\alpha_{1}} \) (a) Find and eliminate all strictly dominated strategies [5 Marks] (b) Find all Nash Equilibria in the game [5 Marks]