Nash equilibrium - pay off, Game Theory

The following is a payoff matrix for a non-cooperative simultaneous move game between 2 players.

The payoffs are in the order (Player 1; Player 2):

What is the Nash Equilibrium (NE) and associated pay-offs?


94_Nash Equilibrium – pay off.png

Type your answer in the following form:

(C, B) ,(6,4)

If you think the outcome is (c, B) with pay-offs (6, 4) ; but remember the brackets, commas, upper/lower case letters, AND no spaces.

Posted Date: 3/9/2013 5:37:29 AM | Location : United States

Related Discussions:- Nash equilibrium - pay off, Assignment Help, Ask Question on Nash equilibrium - pay off, Get Answer, Expert's Help, Nash equilibrium - pay off Discussions

Write discussion on Nash equilibrium - pay off
Your posts are moderated
Related Questions
In econometric theory two possibie situations of identifiability can arise: Equation under,consideration is identified or not identified: 1) Equation is under-identified-

An equilibrium refinement provides how of choosing one or many equilibria from among several in a very game. several games might contain many Nash equilibria, and therefore supply

Identification is closely related to the estimation of the model. If an equation is identified, its coefficient can, in general, be statistically estimated. In particula

A heuristic is an aid to learning, casually brought up as a rule of thumb. Formally, a heuristic may be a mechanism capable of altering its internal model of the surroundings in re

Explain about the term Game Theory. Game Theory: While the decisions of two or more firms considerably influence each others’ profits, in that case they are into a situation

Two individuals (i ∈ {1, 2}) work independently on a joint project. They each independently decide how much e ort ei they put. E ort choice has to be any real number between 0 and

A simultaneous game is one during which all players build choices (or choose a strategy) while not information of the methods that are being chosen by different players. Although t

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

About assignment The goal of this assignment is for the student to propose a new game of your own and to be able to present their ideas in clear and convincing manner. This pro

On a picnic outing, 2 two-person teams are playing hide-and-seek. There are four hiding locations (A, B, C, and D), and the two members of the hiding team can hide separately in a