Multiple Choice

-Consider the Cold War game depicted in Figure 3.6. If both players have a weakly dominant strategy, the equilibrium strategy profile for this game is:
I. {First strike, First strike}.
II. {Second strike, Second strike}.
III. {First strike, Second strike}.
IV. {Second strike, First strike}.
Which of the following is correct?
A) I only.
B) II only.
C) I and II only.
D) III and IV only.
E) This game does not have a equilibrium strategy profile.
Correct Answer:
Verified
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