Two player problem of points set up - game theory, Game Theory

Assignment Help:

a) Show that

259_Two player Problem of Points set up 1.png

A counting proof could be fun(?). But any old proof will do.

(Note that the coefficients (1,2,1) in the above are just the elements of the second row of Pascal's triangle. In general, if you take any row of Pascal's triangle and apply all of the coefficients to adjacent entries of a later row in the table, you will get another entry in Pascal's triangle. You don't have to prove this).

b) Not connected to part a) above (I don't think). Consider the two player Problem of Points set up, where the game consists of n rounds, and where player A has won a rounds and Player B has won b rounds (a, b < n)whentheyareforcedtoquit.Let r =2n - 1 - (a + b). Show that according to the Pascal-Fermat solution, the ratio of A's share of the pot to B's share of the pot should be:

1789_Two player Problem of Points set up 2.png

That is, all you need is the r'th row of Pascal's Triangle to get the split of the pot, as pointed out by Pascal.


Related Discussions:- Two player problem of points set up - game theory

Procurement auction, A market mechanism during which an object, service, or...

A market mechanism during which an object, service, or set of objects is being purchased, instead of sold, to the auctioneer. The auction provides a selected set of rules which wil

Leadership in an oil production game, Leadership in an Oil Production Game ...

Leadership in an Oil Production Game Students can be broken into pairs to play this game once, witheach student's representing one country; then each shouldswitch partners and

DYnamic, saaaaaaasfffffffffffffffffffaaaczzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz...

saaaaaaasfffffffffffffffffffaaaczzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Find pure nash equilibria, Find Pure Nash Equilibria 1. Consider a two-...

Find Pure Nash Equilibria 1. Consider a two-player game in which player 1 chooses the strategy x 1 from the closed interval [-1, 1] while player 2 chooses the strategy x 2 fr

Single unit auction, An auction during which just one item is on the market...

An auction during which just one item is on the market for sale. Procedures embody English, Dutch, and sealed bid auctions. When multiple units are sold in one auction, the auction

nim game, Matches or different objects are organized in 2 or a lot of pile...

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

Coalitional game and matching markets, 1. This question and the next is bas...

1. This question and the next is based on the following description. Consider the coalitional game (referred to as Game 1) given by: N = {1,2,3,4}; v(N) = 3, v{i} = 0, i = 1,...,4,

Pure-strategy and mixed-strategy equilibria, Take a news story, old or rece...

Take a news story, old or recent, and analyze it from a game theoretic perspective. Provide a hard copy of the source of your news story and consult relevant game theoretic literat

Find the quantities that firm is selling – equilibrium price, 1. Two firms,...

1. Two firms, producing an identical good, engage in price competition. The cost functions are c 1 (y 1 ) = 1:17y 1 and c 2 (y 2 ) = 1:19y 2 , correspondingly. The demand functi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd