Player 2 Middle Left P1: $45 P1: $70 Up P2: $45 P2: $50 Player 1 P1: $50 P1: $60 Middle P2: $50 P2: $60 P1: $60 P1: $50 Down P2: $60 P2: $70 In the game shown above, list all of the Nash Equilibrium (please check ALL that apply) (up, left) (up, middle) (up, right) (middle, left) (middle, middle) (middle, right) (down, left) (down, middle) (down, right) No equilibrium Right P1: $45 P2: $60 P1: $50 P2: $70 P1: $60 P2: $60

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter8: Game Theory
Section: Chapter Questions
Problem 8.1P
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Player 2
Middle
Left
P1: $45
P1: $70
Up
P2: $45
P2: $50
Player 1
P1: $50
P1: $60
Middle
P2: $50
P2: $60
P1: $60
P1: $50
Down
P2: $60
P2: $70
In the game shown above, list all of the Nash Equilibrium (please check ALL that apply)
(up, left)
(up, middle)
(up, right)
(middle, left)
(middle, middle)
(middle, right)
(down, left)
(down, middle)
(down, right)
No equilibrium
Right
P1: $45
P2: $60
P1: $50
P2: $70
P1: $60
P2: $60
Transcribed Image Text:Player 2 Middle Left P1: $45 P1: $70 Up P2: $45 P2: $50 Player 1 P1: $50 P1: $60 Middle P2: $50 P2: $60 P1: $60 P1: $50 Down P2: $60 P2: $70 In the game shown above, list all of the Nash Equilibrium (please check ALL that apply) (up, left) (up, middle) (up, right) (middle, left) (middle, middle) (middle, right) (down, left) (down, middle) (down, right) No equilibrium Right P1: $45 P2: $60 P1: $50 P2: $70 P1: $60 P2: $60
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