Under what conditions do the payoffs from a to h make (U, L) a profile of strategies that constitutes a unique Nash equilibrium in pure strategies?

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I think the conditions that should be made are a>c and a>e, b>f and b>d. Also g

score 0 · Answer 1 · answered Nov 09 '13 at 13:04

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HINT: If U and L are dominant strategies (U,L) will be a unique NE. The players believe that a deviation in their own strategy will not cause deviations by any other players.

answered Nov 09 '13 at 13:04

Heisenberg

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Under what conditions do the payoffs from a to h make (U, L) a profile of strategies that constitutes a unique Nash equilibrium in pure strategies?

1 Answers1