Unique nash equilibrium


Game:
C1 C2 C3
R1 3,2 2,1 1,a
R2 2,2 b,4 0,2
R3 c,d 3,2 e,4

1) Give a condition on b such that R2 is strictly dominated by R1.

2) Given that a) holds, find a condition on d such that C1 strictly dominates C2.

3) Given that a) and b) hold, find conditions on a and c such that (R1, C1) is a Nash equilibrium.

4) Given that a) - c) hold, find conditions on d, e such that (R1, C1) is the unique Nash equilibrium.

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Managerial Economics: Unique nash equilibrium
Reference No:- TGS01751609

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