Which one do you think is the dominated strategy, and why?
Have you found all the Nash equilibrium?
Given A 3x3 payoff matrix:
----L---- M---- R ----
T (4,2): (1,1): (0,0)
M (2,0): (-1,5): (5,-1)
B (3,0): (2,2): (3,1)
1. Find a dominanted strategies for both players.
2. Eliminated the dominated strategies, find all Nash equilibrium in pure strategy.
3. Then argue that there is no mixed strategy
1. I cant really find a dominated strategy for each player.... but i think there is one...
3. Not sure how to assign probability to a 3x3 matrix...
Any help would be appreciated
thanks in advance