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    Microeconomics Study Set 46
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    Exam 12: Game Theory
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    Suppose the Payoffs for Players a and B, Given Their
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Suppose the Payoffs for Players a and B, Given Their

Question 64

Question 64

Multiple Choice

Suppose the payoffs for players A and B, given their respective strategies, are as in the table: Suppose the payoffs for players A and B, given their respective strategies, are as in the table:   There is a mixed-strategy Nash equilibrium when Player A chooses Up with probability ____. A)  3/5 B)  2/5 C)  1/2 D)  1/4 There is a mixed-strategy Nash equilibrium when Player A chooses Up with probability ____.


A) 3/5
B) 2/5
C) 1/2
D) 1/4

Correct Answer:

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