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Solutions to Chapter 4 Exercises
- Course
- ECO210
- Institution
- Hunter College - Cuny
S1. (a) For Rowena, Up strictly dominates Down, so Down may be eliminated. For Colin, Right strictly dominates Left, so Left may be eliminated. These actions leave the pure-strategy Nash equilibrium (Up, Right). (b) Down is dominant for Rowena and Left is dominant for Colin. Equilibrium: (Do...
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