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(Solved): U10. Consider the following game: (a) Find and describe all pure-strategy Nash equilibria. (b) If R ...
U10. Consider the following game: (a) Find and describe all pure-strategy Nash equilibria. (b) If Row plays U with probability p and Column plays L with probability q, demonstrate that p=0.75,q=0 is a mixed-strategy Nash equilibrium for this game. (c) Is p=0.4,q=0 a mixed-strategy equilibrium for this game? Explain why or why not. (d) Is p=1,q=0.5 a mixed-strategy equilibrium for this game? Explain why or why not. (e) How many mixed-strategy equilibria does this game have? Explain.