Find all Nash equilibria of the following game. X Y Z A | 2,2 4,0 1,3...

Question

Question

Find all Nash equilibria of the following game. X Y Z A | 2,2 4,0 1,3 B 1,3 6,0 1,0 0 3,1 3,3 2,2

Answer 1

Answer #1

There is no dominant strategy for any firm.

Row wise: : Reaction of Column

Adopts the A : Z

B : X

C : Y

Column Wise : Reaction of Row

X : C

Y : B

Z : C

There is no common strategies, thus there is no Nash Equilibrium.

Answer 2

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