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[answered] 12/12/2016 1. Assessment Suppose that two players are playi


please see attached regarding game strategy - please see if you can help. thanks!


12/12/2016 1. Assessment Suppose that two players are playing the following game. Player A can

 

choose either Top or Bottom, and Player B can choose either Left or Right.

 

The payoffs are given in the following table where the number on the left is

 

the payoff to Player A, and the number on the right is the payoff to Player B. Does Player A have a dominant strategy? If so, what is it?

 

A) Top is a dominant strategy for Player A

 

B) Bottom is a dominant strategy for Player A

 

C) Both of the above

 

D) None of the above

 

2. Does Player B have a dominant strategy? If so, what is it?

 

A) Left is a dominant strategy for Player B

 

B) Right is a dominant strategy for Player B

 

C) Both of the above

 

D) None of the above 3. For the next four questions, you?ll be asked whether a strategy combination is

 

a Nash equilibrium or not. Player A plays Top and Player B plays Left

 

A) This is a Nash equilibrium

 

B) This is NOT a Nash equilibrium 4. Player A plays Bottom and Player B plays Left

 

A) This is a Nash equilibrium

 

B) This is NOT a Nash equilibrium 5. Player A plays Top and Player B plays Right

 

A) This is a Nash equilibrium

 

B) This is NOT a Nash equilibrium 6. Player A plays Bottom and Player B plays Right

 

A) This is a Nash equilibrium

 

B) This is NOT a Nash equilibrium 7. If each player plays her maximin strategy, what will be the outcome of the

 

game?

 

A) Player A plays Top and Player B plays Left

 

B) Player A plays Bottom and Player B plays Left

 

C) Player A plays Top and Player B plays Right

 

D) Player A plays Bottom and Player B plays Right https://cms.psu.edu/Section/Assessment/Delivery/AssessmentAll.aspx?entryId=59989CC336A24AEE801EAA51829CBDCB 1/2 12/12/2016 Assessment https://cms.psu.edu/Section/Assessment/Delivery/AssessmentAll.aspx?entryId=59989CC336A24AEE801EAA51829CBDCB 2/2

 


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