Purchase Solution

zero-sum game

Not what you're looking for?

Ask Custom Question

9. The following is the pay-off matrix for zero sum game. What is the each player's dominated strategy of the following zero-sum game?

Firm 2
Firm 1 C1 C2 C3
R1 6 -6 -4
R2 -1 3 0
R3 3 2 1
a. R1 for Firm 1 and no dominated strategy for Firm 2.
b. R2 for Firm 1 and no dominated strategy for Firm 2.
c. No dominated strategy for both Firm 1 and C1 Firm 2.
d. R2 for Firm 1 and no dominated strategy for Firm 2.
e. No dominated strategy for Firm 1 and C3 for Firm 2.

Purchase this Solution

Solution Summary

A zero-sum game is emphasized.

Solution Preview

Firm 2
Firm1 C1 C2 C3
R1 6 -6 -4
R2 -1 3 0
R3 3 ...

Purchase this Solution


Free BrainMass Quizzes
Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.