Solving a 3x3 Game Matrix (Nash Equilibrium, Dominant Strategies, Dominance Between Strategies)

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econhelp

econhelp

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Hi everyone in this video I go through an example game, where each of the players has 3 possible strategies, so a 3x3 matrix. I demonstrate some of the skills that I've spoken about in other videos, so nash equilibrium, finding dominant strategies and also just talking about dominance in terms of being strict or weak.
0:00 Introduction
0:40 Player 1's Best Responses
2:04 Player 2's Best Responses
3:19 Nash Equilibrium
3:36 Strict Dominance
4:53 Dominance Between Strategies
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