Business, 13.03.2020 03:29, jasoncarter

Suppose Musashi and Rina are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Musashi chooses Right and Rina chooses Right, Musashi will receive a payoff of 4 and Rina will receive a payoff of 4.

Rina Rina
Left Right
Musashi Left 4, 3 6,1
Musashi Right 7,6 4,4

The only dominant strategy in this game is for to choose .

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Suppose Musashi and Rina are playing a game in which both must simultaneously choose the action Left...