Two pure strategy nash equilibria of a two player

Reference no: EM131252306

Give some examples of games people play for entertainment that are strictly competitive ?

For a two-player game, two pure-strategy Nash equilibria (s₁ , s₂) and (t₁ , t₂) are called equivalent if u_i(s) = u_i(t) for i = 1, 2; they are called interchangeable if (s₁ , t₂) and (t1 , s2) also are Nash equilibria.

Mathematically prove that any two pure-strategy Nash equilibria of a two-player, strictly competitive game are both equivalent and interchangeable.

Reference no: EM131252306

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