Problem Set 3
1. Exercise 2, p. 40
2. Exercise 4, p. 41
3. Exercise 4, p. 64
4. Consider the Matching Pennies game:
L
R
L
1,-1
-1,1
R
-1,1
1,-1
Find the best responses of player 1 in pure and mixed strategies.
5. Exercise 7, p. 109.
6. Consider the following extensive form:
Find the Nash equilibria (in pure strategies).
1