(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. Player B has two strategies: (1) “t if N” or (2) “b if N.”

Posted Date: 9/27/2012 2:30:43 AM | Location : United States

Ask an Expert

Related Discussions:- Game playing in class-equilibrium payoffs example, Assignment Help, Ask Question on Game playing in class-equilibrium payoffs example, Get Answer, Expert's Help, Game playing in class-equilibrium payoffs example Discussions

Write discussion on Game playing in class-equilibrium payoffs example
Your posts are moderated

Write your message here..

Related Questions

Incentive, A payoff offerd as a bequest for someone partaking in some activ... 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

Strategic kind, The strategic (or normal) kind may be a matrix illustration... The strategic (or normal) kind may be a matrix illustration of a simultaneous game. for 2 players, one is that the "row" player, and also the different, the "column" player. every

Bid, . A bid is an sign by a potential buyer of the price the buyer is read... . A bid is an sign by a potential buyer of the price the buyer is ready to pay for the object being auctioned. In a Procurement Auction, the bid is an sign of the price a seller is

Link is dead, How did link die How did link die

Identification problem, Identification is a problem of model formultion, ra... 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

First worth auction, An auction during which the bidder who submitted the v... An auction during which the bidder who submitted the very best bid is awarded the item being sold and pays a worth equal to the number bid. Alternately, in a very procurement aucti

Games with sequential moves:rollback equilibrium, Rollback shows that Boein... Rollback shows that Boeing chooses peace over war if Airbus enters, so Airbus will enter. Rollback equilibrium entails Airbus playing “Enter” and Boeing playing “Peace if entry”; e

Proxy bidder , A proxy bidder represents the interests of a bidder not phys... A proxy bidder represents the interests of a bidder not physically gift at the auction. Typically, the bidder can inform his proxy of the most quantity he's willing to pay, and als

Game of nim, Matches or different objects are organized in 2 or a lot of pi... 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

Principal agent, A class of games of imperfect data during which one player... A class of games of imperfect data during which one player (the principal) tries to supply incentives to the opposite (the agent) to encourage the agent to act within the principal