rock paper scissors rock 0. -3 1 раper 0. -1 scissors -1 (a) Show that xT= ( ) and yT= ( ) together are not a Nash equilibrium for this modified game. 3' 31 (b) Formulate a linear program that can be used to calculate a mixed strategy xE A(R) that maximises Rosemary's security level for this modified game. (c) Solve your linear program using the 2-phase simplex algorithm. You should use the format given in lectures. Give a mixed strategy x E A(R) that has an optimal security level for Rosemary and a mixed strategy y E A(C) that has an optimal security level for Colin.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter8: Game Theory
Section: Chapter Questions
Problem 8.9P
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rock paper scissors
гock
0.
-3
1
рарer
1.
-1
scissors
-1
3
0.
(a) Show that xT= ( ) and yT= (3) together are not a Nash equilibrium
3 3
313
for this modified
game.
(b) Formulate a linear program that can be used to calculate a mixed strategy
x € A(R) that maximises Rosemary's security level for this modified
game.
(c) Solve your linear program using the 2-phase simplex algorithm. You should
use the format given in lectures. Give a mixed strategy x E A(R) that has an
optimal security level for Rosemary and a mixed strategy y E A(C) that has
an optimal security level for Colin.
Transcribed Image Text:rock paper scissors гock 0. -3 1 рарer 1. -1 scissors -1 3 0. (a) Show that xT= ( ) and yT= (3) together are not a Nash equilibrium 3 3 313 for this modified game. (b) Formulate a linear program that can be used to calculate a mixed strategy x € A(R) that maximises Rosemary's security level for this modified game. (c) Solve your linear program using the 2-phase simplex algorithm. You should use the format given in lectures. Give a mixed strategy x E A(R) that has an optimal security level for Rosemary and a mixed strategy y E A(C) that has an optimal security level for Colin.
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