-5,-5 |x-15, 0 0, 15 10, 10 O There is no pure-strategy Nash Equilibrium if x>25. There is some mixed-strategy Nash Equilibrium other than pure-strategy Nash Equilibrium if x<25. O There is no weakly dominated strategy if x=25. All strategies are rationalizable if x<25.

-5,-5 |x-15, 0 0, 15 10, 10 O There is no pure-strategy Nash Equilibrium if x>25. There is some mixed-strategy Nash Equilibrium other than pure-strategy Nash Equilibrium if x<25. O There is no weakly dominated strategy if x=25. All strategies are rationalizable if x<25.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter8: Game Theory

Section: Chapter Questions

Problem 8.1P

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Question

Which one of the following descriptions is CORRECT?

-5,-5 |x-15, 0
0, 15
10, 10
O There is no pure-strategy Nash Equilibrium if x>25.
There is some mixed-strategy Nash Equilibrium other than pure-strategy Nash
Equilibrium if x<25.
O There is no weakly dominated strategy if x=25.
All strategies are rationalizable if x<25.

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