What is the relation between player 1s security level

Reference no: EM131252301

The guided exercise in this chapter demonstrates that not all security strategies are rationalizable.

Find an example in which player 1's security strategy is dominated (in the first round of the rationalizability construction).

For your example, what is the relation between player 1's security level and maxmin level? Give an example of a game that is strictly competitive with respect to pure strategies but is not strictly competitive with respect to mixed strategies ?

Reference no: EM131252301

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