Find the Nash Equilibria (NE) of the following games. In the Prisoners Dilemma example, the equilibrium involves both players choosing D. This is an equilibrium because, if either player were to switch to C, it would do worse, receiving a 1 instead of a 2. Remember: when you check whether a player would like to switch actions, you hold the other

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Find the Nash Equilibria (NE) of the following games. In the Prisoners Dilemma example, the equilibrium involves both players choosing D. This is an equilibrium because, if either player were to switch to C, it would do worse, receiving a 1 instead of a 2. Remember: when you check whether a player would like to switch actions, you hold the other players action fixed. For the example, youd write the equilibrium strategy profile as (D; D). Example: The Prisoners Dilemma and its Nash Equilibrium  Example: The Prisoner's Dilemma and its Nash Equilibrium Now, for the actual exercises. Hint: games may have more than one equilibrium.  Example: The Prisoner's Dilemma and its Nash Equilibrium Now, for the actual exercises. Hint: games may have more than one equilibrium.

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