**Unformatted text preview: **opponent is “aggressive”. Given its own stance, it prefers the outcome in which its opponent is “passive” to that in which its opponent is “aggressive”. This situation is called the Hawk-Dove game. Draw the game bi-matrix and find the Nash equilibria. 4. In the following game, find the Nash equilibria. For each Nash equilibrium, state whether it is Pareto efficient or inefficient. If the equilibrium is Pareto inefficient, give a strategy profile that is a Pareto improvement. Player 2 L1 L2 R1 R2 Player 1 T1 1 , -1 7 , 8 12 , 1 5 , 2 T2 5 , 5 2 , 6 10 , 9 6 , 11 B1 -3 , 2 2 , 8 12 , 9 0 , 12 B2 4 , 12 7 , 11 14 , 2 3 , 4 5. Dixit & Skeath, Chapter 4, problem 10....

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- Fall '07
- Emre
- Game Theory, Nash equilibria, Nash