Consider the following payoff matrix for a 2-player game where the payoffs have the usual connotation. The first number in each cell represents the payoff to Player #1 and the second number the payoff to Player #2.
Which of the following statements is true?
A) This game has one unique Nash equilibrium: {Bottom, Right}.
B) Bottom is dominated by Top for Player 1; Right is dominated by Left for Player 2.
C) Bottom is dominated by both Top and Middle for Player 1; Right is dominated by both Left and Centre for Player 2.
D) This game has three Nash equilibria: {Top, Left}, {Middle, Centre} and {Bottom, Right}.

Question

Consider the following payoff matrix for a 2-player game where the payoffs have the usual connotation. The first number in each cell represents the payoff to Player #1 and the second number the payoff to Player #2.
 Which of the following statements is true?
A) This game has one unique Nash equilibrium: {Bottom, Right}. 
B) Bottom is dominated by Top for Player 1; Right is dominated by Left for Player 2. 
C) Bottom is dominated by both Top and Middle for Player 1; Right is dominated by both Left and Centre for Player 2. 
D) This game has three Nash equilibria: {Top, Left}, {Middle, Centre} and {Bottom, Right}.

Quizplus · Accepted Answer

The Answer of Consider the following payoff matrix for a 2-player game where the payoffs have the usual connotation. The first number in each cell represents the payoff to Player #1 and the second number the payoff to Player #2.
 Which of the following statements is true?
A) This game has one unique Nash equilibrium: {Bottom, Right}. 
B) Bottom is dominated by Top for Player 1; Right is dominated by Left for Player 2. 
C) Bottom is dominated by both Top and Middle for Player 1; Right is dominated by both Left and Centre for Player 2. 
D) This game has three Nash equilibria: {Top, Left}, {Middle, Centre} and {Bottom, Right}.

Consider the Following Payoff Matrix for a 2-Player Game Where