Re: Nash Equilibrium Question... Solve this
Posted by
Sumit on
Oct 05, 2013; 7:12pm
URL: http://discussion-forum.276.s1.nabble.com/Nash-Equilibrium-Question-Solve-this-tp7584070p7584074.html
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.
M.A Economics
Delhi School of Economics
2013-15
Email Id:sumit.sharmagi@gmail.com