Find the nash equilibria of game - bimatrix of strategies, Game Theory

Players 1 and 2 are bargaining over how to split one dollar. Both players simultaneously name shares they would like to keep s1 and s2. Furthermore, players' choices have to be in increments of 25 cents, that is, s1 ? {0, 0.25, 0.50, 0.75, 1.00} and s2 ? {0, 0.25, 0.50, 0.75, 1.00}. If s1+s2 < 1, then player 1 gets s1 and player 2 gets s2. If s1+s2 > 1, then both players get 0.

(1) Write down the normal form of the game (the bimatrix of strategies and payoffs).

(2) Find the Nash Equilibria of this game.

Posted Date: 3/23/2013 3:52:34 AM | Location : United States







Related Discussions:- Find the nash equilibria of game - bimatrix of strategies, Assignment Help, Ask Question on Find the nash equilibria of game - bimatrix of strategies, Get Answer, Expert's Help, Find the nash equilibria of game - bimatrix of strategies Discussions

Write discussion on Find the nash equilibria of game - bimatrix of strategies
Your posts are moderated
Related Questions
Rules of Snake Eyes (small variation on game called Craps in USA) Player rolls two dice. On the first roll if the total of the dice is 2 (snake eyes): player wins and rece

Ordinal payoffs are numbers representing the outcomes of a game where the worth of the numbers isn't vital, however solely the ordering of numbers. for instance, when solving for a

"Assurance game" is a general name for the game more commonly known as "Stag Hunt." The French philosopher, Jean Jacques Rousseau, presented the subsequent circumstances. Two hunte

Matches or different objects are organized in 2 or a lot of piles. Players alternate removing some or all of the matches from anyone pile. The player to get rid of the last match w

In a repeated game it is often unspecified that players move concurrently at predefined time intervals. However, if few players update their policies at different time intervals, t

Two people are engaged in a joint project. If each person i puts in the e ort xi, a nonnegative number equal to at most 1, which costs her c(x i ), the outcome of the project is wo

Write a bouncing ball video game. The game is similar to the one described and depicted in The balls bounce within the screen where the two horizontal walls are fixed. The two v

The Cournot adjustment model, initial proposed by Augustin Cournot within the context of a duopoly, has players choose methods sequentially. In every amount, a firm selects the act

Two individuals use a common resource (a river or a forest, for example) to produce output. The more the resource is used, the less output any given individual can produce. Denote

A strategy is weakly dominant if, no matter what the other players do, the strategy earns a player a payoff a minimum of as high as the other strategy, and, the strategy earns a st