Deliverable 05

Deliverable 05 – Worksheet 1. Market research has determined the following changes in the polls based on the different combinations of choices for the two candidates on the tax bill in the upcoming Challenger Incumbent Stay Break Stay (0, 8) (6, 0) Break (2, 4) (4, 6) debate: Use this payoff matrix to determine if there are dominant strategies for either player. Find any Nash equilibrium points. Show all of your work. Enter your step-by-step answer and explanations here. 2. Use the payoff matrix from number 1 to determine the optimum strategy for your client (the challenger). Show all of your work. Enter your step-by-step answer and explanations here. 3. Use the payoff matrix from number 1 to determine the optimum strategy for the incumbent. Show all of your work. Enter your step-by-step answer and explanations here. 4. Knowing that flip-flopping on an issue is worse than taking a stand on either side, you must recommend a single strategy to the client– Worksheet 1. Market research has determined the following changes in the polls based on the different combinations of choices for the two candidates on the tax bill in the upcoming Challenger Incumbent Stay Break Stay (0, 8) (6, 0) Break (2, 4) (4, 6) debate: Use this payoff matrix to determine if there are dominant strategies for either player. Find any Nash equilibrium points. Show all of your work. Enter your step-by-step answer and explanations here. 2. Use the payoff matrix from number 1 to determine the optimum strategy for your client (the challenger). Show all of your work. Enter your step-by-step answer and explanations here. 3. Use the payoff matrix from number 1 to determine the optimum strategy for the incumbent. Show all of your work. Enter your step-by-step answer and explanations here. 4. Knowing that flip-flopping on an issue is worse than taking a stand on either side, you must recommend a single strategy to the client

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