Consider a game with two players deciding simultaneously how much to donate tor a party. Let...
Consider a game with two players deciding simultaneously how much to donate for a party. Let d1 be the amount donated by player 1 and d2 the amount donated by player 2, where both d1 and d2 are nonnegative real numbers. Once the money is donated players cannot get it back, no matter whether the party is organized or not. They will be able to organize the party if and only if the sum of their donations is more than...
Consider again the game with two players deciding how much to donate for a party. However suppose now that Player 1 makes her donation first, and observing how much Player 1 has donated, Player 2 makes his donation. Let dy be the amount donated by player 1 and d2 the amount donated by player 2, where both d1 and d2 are nonnegative real numbers. Once the money is donated players cannot get it back, no matter whether the party is...
Please help!!! Game theory Consider a game with two players deciding simultaneously how much to donate for a party. Let d1 be the amount donated by player 1 and d2 the amount donated by player 2, where both d1 and d2 are nonnegative real numbers. Once the money is donated players cannot get it back, no matter whether the party is organized or not. They will be able to organize the party if and only if the sum of their...