Question

4. (4 points) Consider the following game: Bull Meat Expand in the Expand in the West South 10,60 50,90 Deer Meat Expand in the West Expand in the South Find its Nash equilibria in pure strategies 20,80 40,50

Answer 1

Bull meat Enpad in the west Enpad in the south Expand in the 10,60 50,90 Dear West meat Enpand in the 20,80 40,50 South the west, Bull When Dear meat choose Expand in the west, a meat will choose 'Expend in the south When Deen meat chooses 'Enfound in the son Bull Meat will choose "Expond û the west? When Bull meat choosin 'Expand in the west's peer meat will choose Expand in the south' Bull When meat choose the south, 'Eupend in Deer meat will choose "Expand in the south' Hunce Nash equilibria in pime strategis are: ( Enfond in the wat, Exford in the south) = (50,90) C Enpad in the south, Enfound in the wot) = (20,80) Scanned with CamScanner