Find the Nash Equilibria of the following game Habtamu Left $4, $3 $6, $4 Right Up...

Question

Question

Find the Nash Equilibria of the following game Habtamu Left $4, $3 $6, $4 Right Up $7, $8 Dessie Down $3, $3

Answer 1

Answer #1

When Dessie chooses up, Habtamu will choose right as 8>3. when Dessie chooses down, Habtamu will choose left as 4>3

When Habtamu chooses left, Dessie will choose down as 6>4. when Habtamu chooses right, Dessie will choose up as7>3

So there is one Nash equilibrium that is (down, left).

Answer 2

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