Finding Equilibrium in Game Theory, Game Theory

This is Case of Competitive Games.

Player 2
L R
Player 1 L (60,40) (70,30)
R (65,35) (60,40)

Are either have dominant strategy? Which?
Is Solve for nash equilibrium.
Is there any other equilibrium? What is it called?
Posted Date: 11/19/2012 3:45:56 PM | Location : Germany







Related Discussions:- Finding Equilibrium in Game Theory, Assignment Help, Ask Question on Finding Equilibrium in Game Theory, Get Answer, Expert's Help, Finding Equilibrium in Game Theory Discussions

Write discussion on Finding Equilibrium in Game Theory
Your posts are moderated
Related Questions
The interaction among rational, mutually aware players, where the choices of some players impacts the payoffs of others. A game is described by its players, every player's methods,

A payoff offerd as a bequest for someone partaking in some activity that doesn't directly provide her with profit. Often, such incentives are given to beat the ethical hazard drawb


a) This you just have to list all the attributes for the program. i.e. unique id's for puzzle pieces, attributes for the puzzle like a data field for the number of edges, methods t

Identification may be established either by the examination of the specification of the structural model, or by the examination of the reduced form of the model. Traditionally

(a) Equilibrium payoffs are (1, 0). Player A’s equilibrium strategy is S; B’s equilibrium strategy is “t if N.”   For (a): Player A has two strategies: (1) N or (2) S. P

A game tree (also referred to as the in depth form) may be a graphical illustration of a sequential game. It provides data concerning the players, payoffs, strategies, and also the

A sequential game is one among imperfect data if a player doesn't grasp precisely what actions different players took up to that time. Technically, there exists a minimum of one da

Living from 1845 to 1926, Edgeworth's contributions to Economics still influence trendy game theorists. His Mathematical Psychics printed in 1881, demonstrated the notion of compet

Identification is a problem of model formultion, rather than inf nlnde! estimation or appraisal. We say a model is identified if it is in a unique statistical form, enabling unique