Business, 05.07.2021 20:00, Jamalmcc8nh78

Suppose Yakov and Ana 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 Yakov chooses Right and Ana chooses Right, Yakov will receive a payoff of 8. Ana
Left Right
Yakov Left 8,5 8,7
Right 3,6 9,8
a. The only dominant strategy in this game is for to choose .
b. The outcome reflecting the unique Nash equilibrium in this game is as follows: Yakov chooses and Ana chooses .

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answered: anayamulay

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

b. The outcome reflecting the unique Nash equilibrium in this game is as follows: Yakov chooses Right and Ana chooses Right.

Explanation:

A dominant strategy is one that makes a player better off regardless of the choices made by his or her opponent in a game.

Given:

Ana

Left Right

Yakov Left 8,5 8,7

Right 3,6 9,8

In this game, when Yakov plays Left, Ana will choose Right since 7 > 5. Ana will also choose Right when Yakov plays Right since 8 > 6. This demonstrates that Ana will always play Right, regardless of what Yakov does. This means that Ana's dominant strategy is Right.

On the other hand, when Ana plays Left, Yakov will also play Left because 8 > 3. However, because 9 > 8, when Ana plays Right, Yakov will likewise play Right. This demonstrates that Yakov does not have a specific strategy that makes him better off. As a result, Yakov lacks a dominant strategy.

Based on the above analysis, we have:

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

b. The outcome reflecting the unique Nash equilibrium in this game is as follows: Yakov chooses Right and Ana chooses Right.

answered: Guest

Two trends that i’ve noticed are the following: lifestyle trend of many people seeking fitnessgenerates a business opportunity of opening a gym. another trend is entertainment; popmusic is very popular which generates a business opportunity for record producers lookingto produce music that will sell

answered: Guest

Via: "if you are found to be supplying or dealing drugs, the punishment is likely to be tough. supplying drugs doesn’t just apply to dealers. if police suspect that you intend to share drugs with your friends, this is still considered to be supplying.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

- up to life in prison or an unlimited fine (or both) for a class a drug- up to 14 years in prison or an unlimited fine (or both) for a class b or class c drug."sorry if this was a school question, you didnt supply options so i assumed it was a personal question, which if it is, reconsider selling or having possesion of any drugs at all. i wish you the best!

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Suppose Yakov and Ana are playing a game in which both must simultaneously choose the action Left or...