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June 13 , 2009

Calculating the Various Aspects of Game Theory


Given the payoffs, determine Nash equilibrium, Optimal Strategy, Dominant Strategy and Rational behavior.(a) Consider the game in the following table, where s1a and s2a are strategies available to player1, s1b and s2b are strategies available to player 2, and entries in the table are payoffs to the two players with that of player 1 listed first

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