Identify which strategies survive iterated elimination of


For each of the following 2 player games below:

a. Identify which strategies survive iterated elimination of dominated strategies.

b. Identify the pure strategy Nash equilibrium for the game.

c. Construct mixed-strategy Nash equilibrium for the game.

Game 1                      L                              C                             R

T                                 2,0                          1,1                          4,2

M                                3,4                          1,2                          3,3

B                                  1,3                         0,2                          2,3

Game 2                    A                     B                   C                  D

A                              0,4                  2,5                 7,0                0,1

B                              5,2                  3,3                 5,4                0,1

C                              4,0                  2,5                 0,7                0,-1

D                              0,0                  0,-2                0,0                10,-1

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Business Economics: Identify which strategies survive iterated elimination of
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