Pizza Hut Dominos Pizza Hut 1,1 0,0 Dominos 0,0 2,2 1) What is the pure strategy...

	Pizza Hut	Dominos
Pizza Hut	1,1	0,0
Dominos	0,0	2,2

1) What is the pure strategy Nash equilibrium of this game?

2) What is the mixed strategy Nash equilibrium of this game? What are the expected payoffs for both players? Explain the mixed strategy Nash equilibrium outcome for the two players and compare and contrast it with pure strategy Nash equilibrium outcome.

3)Draw a graph of the Nash equilibrium of the game.

Solutions

Expert Solution

Answer.(1).

Answer.(2).

Answer.(3).

venereology answered 1 year ago

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