Game theory consider two colonels a and b ruling two, Ask an Expert

Economics

(GAME THEORY) Consider two colonels A and B ruling two opposing armies. Each colonel has 120 soldiers in their armies and there are 6 battlefields. In each battlefield an army wins if and only if it has more soldiers than the opposing army. Now, an army wins the war, if it beats the other in more than 3 battlefields and each colonel aims to win the war. Suppose colonel A and B distributes their armies as follows; A : 20 20 20 20 20 20 B : 21 21 21 21 20 16 Is this action pair a Nash equilibrium of this game. Find two more Nash Equilibria of this game.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91673318

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