Question

Find all pure strategy Nash Equilibria in the following games a.)    Player 2 b1 b2...

Find all pure strategy Nash Equilibria in the following games

a.)    Player 2

b1 b2 b3
a1 1,3 2,2 1,2
a2 2,3 2,3 2,1
a3 1,1 1,2 3,2
a4 1,2 3,1 2,3

Player 1

b.) Player 2

A B C D
A 1,3 3,1 0,2 1,1
B 1,2 1,2 2,3 1,1
C 3,2 2,1 1,3 0,3
D 2,0 3,0 1,1 2,2

Player 1

c.) Player 2

S B
S    3,2 1,1
B 0,0 2,3
0 0
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Answer #1

Ans.(a)There are 2 pure strategy nash equilibria in this game : (a2,b1) and (a3,b3).

If player 1 chooses a2 ,player 2 will get maximimum payoff by choosing b1 and b2. But note that at (a2,b2) player 1 has an incentive to switch strategy to a4 in order to get a higher payoff.So, (a2,b2) is not nash equilibrium.And at (a2,b1) no player has any incentive to switch to some other strategy .So, (a2,b1) is nash equilibrium.Similarly , at (a3,b3) no player has any incentive to switch to some other strategy .So, (a3,b3) is nash equilibrium.

Ans.(B) There are 2 pure strategy nash equilibria in this game : (B,C) and (D,D).

If player 1 chooses B ,player 2 will get maximimum payoff by choosing C. And at (B,C) no player has any incentive to switch to some other strategy .So, (B,C) is a nash equilibrium.Similarly, (D,D) is a nash equilibrium.

Ans.(c) There are 2 pure strategy nash equilibria in this game : (S,S) and (B,B).

If player 1 chooses S ,player 2 will get maximimum payoff by choosing S. And at (S,S) no player has any incentive to switch to some other strategy .So, (S,S) is a nash equilibrium.Similarly,(B,B) is a nash equilibrium.

If you have any doubt , feel free to ask.

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