Economics · Game Theory Payoff Matrix Analysis
Consider the following payoff matrix and identify the Nash equilibrium/equilibria: Player 1 \ Player 2 | B1 | B2 | B3 A1 | (4, 2) | (2, 1) | (5, 0) A2 | (3, 5) | (3, 2) | (3, 4) A3 | (5, 2) | (4, 4) | (3, 1) Which option correctly identifies all pure strategy Nash equilibria?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1There is no pure strategy Nash equilibrium
- 2(A1, B1) and (A3, B2) are both Nash equilibria
- 3(A3, B2) is the unique Nash equilibrium✓
- 4(A2, B1) is the unique Nash equilibrium
Correct answer
(A3, B2) is the unique Nash equilibrium
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