#OK to post homework #George Spahn, 2-20-2022, Assignment 8 # 2 # No matter what the other player plays, not donating always results in getting 5 more dollars. # Therefore both players not donating can be the only nash equilibrium # T=R+0.01, R=10000P, S=P-0.01 # In this case, both players will result in .01 more by not donating. # This is tragic because the combined utility of both players is 19998P lower. # 3 # Assuming T>R>S>P, the mixed nash equilibrium is the following: # Both players play strategy 1 with probability # P-S / P+R-S-T