Nash Equilibrium Question... Solve this

[vandita24x7]

Consider the following statements about a two-person simultaneous-move game in

which each person has two Pure strategies :

(i) If the game has a unique Nash equilibrium which is Pareto-dominated by some other strategy profile then its a Prisoner's dilemma game.

(ii) If the game is a prisoners' dilemma game, then it has a unique Nash equilibrium

which is Pareto-dominated by some other strategy profile.

Which of the following is true?

(a) (i) is true but {ii) is false

(b) (i) is false but (ii) is true

(c) Both (i) and (ti) are true

(d) Both (i) and (ii) are false

[Akshay Jain]

i think dis question came in jnu sss entrance dis year.......m i right vandita????

[Akshay Jain]

my choice is option B

[vandita24x7]

yup.. it did

Anyone else with any other choice??

On Sat, Oct 5, 2013 at 9:46 PM, Akshay Jain [via Discussion forum] <[hidden email]> wrote:

my choice is option B

Akshay Jain

---

If you reply to this email, your message will be added to the discussion below:

http://discussion-forum.2150183.n2.nabble.com/Nash-Equilibrium-Question-Solve-this-tp7584070p7584072.html

To start a new topic under General Discussions, email [hidden email]
To unsubscribe from Discussion forum, click here.
NAML

[Sumit]

The right answer is Option B. (Cent% sure).
1) is false coz You can easily find a counter example of a game which is not a Prisoner's dilemma and has a unique Nash equilibrium which is Pareto-dominated by some other strategy profile.