The row player and the column player in the game below each, Ask an Expert

Economics

The Row player and the Column player in the game below each have two pure strategies: SAFE or RISKY (call them S and R). Answer the following regarding this game.

(a) Find all Nash equilibria to the game below.

(b) What are the players' expected payoffs in each Nash equilibrium?

	Safe	Risky
Safe	4,4	4,1
Risky	1,4	6,6

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Microeconomics, Economics

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