Amy and John are playing a simultaneous game. The first number in each cell is the payoff to Amy and the second is the payoff to John. What is the pure strategy Nash Equilibrium? mixed strategy Nash Equilibrium (use probabilities)? Amy S1 S2 John S1 (2,1) (3,9) S2 (6,5) (1,3)

Amy and John are playing a simultaneous game. The first number in each cell is the payoff to Amy and the second is the payoff to John. What is the pure strategy Nash Equilibrium? mixed strategy Nash Equilibrium (use probabilities)? Amy S1 S2 John S1 (2,1) (3,9) S2 (6,5) (1,3)

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter15: Oligopoly And Strategic Behavior

Section: Chapter Questions

Problem 17P

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Amy and John are playing a simultaneous game. The first number in each cell is the payoff to
Amy and the second is the payoff to John. What is the pure strategy Nash Equilibrium? mixed
strategy Nash Equilibrium (use probabilities)?
Amy
S1
S2
John
S1
(2,1)
(3,9)
S2
(6,5)
(1,3)

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