Question 8 Normal Form Game: The table below provides a normal form, 2 x 2 game. The players are Column and Row. Column can choose either LEFT or RIGHT, and Row can choose either UP or DOWN. Their payoffs for each combination of moves are provided in the four boxes.
Row Column LEFT RIGHT
0 8
UP -4 7
-7 0
DOWN 10 -8 What is the dominant strategy Nash equilibrium in the game situation described in the table above? A. Every outcome is a dominant strategy Nash Equilibrium B. There is only one dominant strategy, DOWN C. Thereis no dominant strategy Nash Equilibrium D. Either UP or DOWN, so long as Column plays LEFT E. Either LEFT or RIGHT, so long as Row plays UP
