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The following is a payoff matrix for a non-cooperative simultaneous move game between 2 players.
The payoffs are in the order (Player 1; Player 2):
What is the Dominant Strategy Equilibrium (DSE) and associated payoffs?
Type your answer in the following form:
(b;B) ; (9; 8)
If you think the outcome is (b;B) with pay-offs (9; 8) ; but remember the brackets, commas, upper/lower case letters, AND no spaces.
This chapter introduces mixed strategies and the methods used to solve for mixed strategy equilibria. Students are likely to accept the idea of randomization more readily if they t
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