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GAME PLAYING IN CLASS
There are several games that are appropriate for use on the first or second day of class. These games are simple but can be used to convey important points about basic tools and concepts, including rollback analysis, multiple equilibria, focal points, and so on. Some of the games involve paying out or taking in small amounts of change in dimes or nickels. If you choose to play these, you should take enough rolls of coins to class with you; students usually do not have the right change. In addition, some of these games may be better suited for use later in the semester when you are covering the material relevant to the game. We have noted those games that are repeated later in the Instructor’s Manual and the chapter in which they reappear.
1. Consider a two-player game where player A chooses "Up," or "Down" and player B chooses "Left," "Center," or "Right". Their payoffs are as follows: When player A chooses "Up" and
In Bontemps, Louisiana there are only two places to spend time: Merlotte's bar and Fangtasia. Sookie and Eric have made plans to spend Friday night together, but they never decided
1. The town of Sunnydale, CA is inhabited by two vampires, Spike and Anya. Each night Spike and Anya independently hunt for food, which each one finds with probability 1/2 . Becaus
An auction during which bidders simultaneously submit bids to the auctioneer while not information of the number bid by different participants. Usually, the very best bidder (or lo
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
GAME PLAYING IN CLASS There are several games that are appropriate for use on the first or second day of class. These games are simple but can be used to convey important poin
A strategy is strictly dominant if, no matter what the other players do, the strategy earns a player a strictly higher payoff than the other. Hence, a method is strictly dominant i
Consider the following three games (Chicken, Matching Pennies, Stag Hunt): Chicken Player 2 Player 1 D V D -100;-100 10;-10 V -10; 10 -1;-1 Matching Pennies Pla
if the first three words are "the boy''s down" what are the last three words?
One charm of evolutionary game theory is that it permits for relaxation of the normal fully-informed rational actor assumption. People, or agents, are assumed to be myopic, within
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