Complete questions.

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Complete questions.
Answered Same DayJun 04, 2021

Answer To: Complete questions.

Soma answered on Jun 05 2021
147 Votes
(a)
The normal form of the game is represented as follows:
    
b) Pure strategy Nash equilibrium
occurs when no player would benefit by changing its strategy, provided the other player does not change its strategy.
When Airsoft invests on Ibot, Orange will invest in N Bot for higher pay off
When Airsoft invests on N bot, Orange will invest on I Bot for higher pay off.
Thus, Orange does not have any dominant strategy.
When Orange invests on I bot, Air soft also invests on I soft for higher payoff
When Orange invests on N Bot m Air soft invests on N bot for higher pay off.
Thus, Air soft does not have any dominant strategy.
It clearly indicates that the game does not have any pure strategy Nash...
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