Find all the perfect equilibria of the game

Reference no: EM131332380

In this exercise, we will show that in a three-player game a vector of strategies that makes use solely of strategies that are not dominated is not necessarily a perfect equilibrium. To do so, consider the following three-player game, where Player I chooses a row (T or B), Player II chooses a column (L or R), and Player III chooses a matrix (W or E).

820_Matrix 7.jpg

(a) Find all the dominated strategies.

(b) Find all the Nash equilibria of this game.

Reference no: EM131332380

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