-Consider the static game depicted in Figure 2.18. The Nash equilibrium strategy profile(s) for this game is (are):
I. {A1, B1}.
II. {A2, B1}.
III. {A2, B2}.
IV. {A3, B3}.
V. {A3, B1}.
Which of the following is correct?
A) I only.
B) II only.
C) V only.
D) IV and V only.
E) I, III, and V only.

Question

-Consider the static game depicted in Figure 2.18. The Nash equilibrium strategy profile(s) for this game is (are):
I. {A1, B1}.
II. {A2, B1}.
III. {A2, B2}.
IV. {A3, B3}.
V. {A3, B1}.
Which of the following is correct?
A) I only. 
B) II only. 
C) V only. 
D) IV and V only. 
E) I, III, and V only.

Quizplus · Accepted Answer

The Nash equilibrium is a strategy profile where no player can benefit by unilaterally changing their strategy. Without the specific payoff matrix, we assume that {A3, B1} is the only profile where neither player can improve their payoff by changing their strategy alone.

-Consider the Static Game Depicted in Figure 2