rock paper scissors rock 0. -3 1 раper 0. -1 scissors -1 (a) Show that xT= ( ) and yT= ( ) together are not a Nash equilibrium for this modified game. 3' 31 (b) Formulate a linear program that can be used to calculate a mixed strategy xE A(R) that maximises Rosemary's security level for this modified game. (c) Solve your linear program using the 2-phase simplex algorithm. You should use the format given in lectures. Give a mixed strategy x E A(R) that has an optimal security level for Rosemary and a mixed strategy y E A(C) that has an optimal security level for Colin.

rock paper scissors rock 0. -3 1 раper 0. -1 scissors -1 (a) Show that xT= ( ) and yT= ( ) together are not a Nash equilibrium for this modified game. 3' 31 (b) Formulate a linear program that can be used to calculate a mixed strategy xE A(R) that maximises Rosemary's security level for this modified game. (c) Solve your linear program using the 2-phase simplex algorithm. You should use the format given in lectures. Give a mixed strategy x E A(R) that has an optimal security level for Rosemary and a mixed strategy y E A(C) that has an optimal security level for Colin.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter8: Game Theory

Section: Chapter Questions

Problem 8.2P

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