The Baseball Players' Association has voted to go on strike; if a settlement is not reached with the owners, within the next month. The players' representative, Melvin Mule head, has two strategies containing different free agent rules, pension formulas, etc.); the owners' representative, Roy Stonewall has three counterproposals. The financial gains in millions of dollars, from each player strategy, given each owner strategy, are shown in the following payoff table:
Owner Strategy
Player Strategy A B C
1 $15 $9 $11
2 7 20 12
a. Determine the initial strategy for the players and for the owners.
b. Is this a pure or a mixed strategy game? Explain.