Consider the following NFG: X A (a,b) B (1/2a, 2b) (2a, b) Y (1/2a, 2b) Assume that a > 0,b>0. Which is the complete set of Nash Equilibria in mixed strategies? (21.3.1) O ((1,0), (1,0)),(³,1),(1, 1)) O ((1,0), (1,0)), ((0,1),(0,1)) a b -).(+/-)) a+b'a+b 2'2

Consider the following NFG: X A (a,b) B (1/2a, 2b) (2a, b) Y (1/2a, 2b) Assume that a > 0,b>0. Which is the complete set of Nash Equilibria in mixed strategies? (21.3.1) O ((1,0), (1,0)),(³,1),(1, 1)) O ((1,0), (1,0)), ((0,1),(0,1)) a b -).(+/-)) a+b'a+b 2'2

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Consider the following NFG:
X
A (a,b)
B (1/2a, 2b) (2a, b)
Y
(1/2a, 2b)
Assume that a > 0,b>0. Which is the complete set of Nash Equilibria in mixed strategies?
((1,0), (1,0)),((-
4'4
○ ((1,0), (1,0)), ((0,1),(0,1))
a
b
°(( 45² 45), (², 2))
a+b a+b

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