1. Assuming all players use pure strategies, descrbe the best response strategy for each player and...
1. Assuming all players use pure strategies, describe the best response strategy for each player and determine the pure strategy Nash Equilibrium for each of the following games. a) Coordination Game: In such games the two players benefit from coordinating their actions. The "Prisoner's Dilemma" game we studied in class was an example of such coordination game. Here is another example known as "Battle of the Sexes." In this game a husband and wife trying to decide how they should...
GAME MATRIX
Consider two players (Rose as player 1 and Kalum as player 2) in which each player has 2 possible actions (Up or Down for Rose; Left or Right for Kalum. This can be represented by a 2x2 game with 8 different numbers (the payoffs). Write out three different games such that: (a) There are zero pure-strategy Nash equilibria. (b) There is exactly one pure-strategy equilibrium. (c) There are two pure-strategy Nash equilibria.
Consider two players (Rose as player...
For each of the following games: • Circle all payoffs corresponding to a player's best response. • Identify any/all strictly dominant strategies (or indicate that there are none). • Identify any/all strictly dominated strategies (or indicate that there are none). • Identify any/all pure strategy Nash equilibria by writing the equilibrium strategies as an ordered pair. (If there is no PSNE, write "no PSNE”.) a. (3 pts.) Two friends are deciding what costumes to wear for Halloween. Matt Parrot Zombie...
For each of the following games: Circle all payoffs corresponding to a player's best response. Identify any/all strictly dominant strategies (or indicate that there are none) Identify any/all strictly dominated strategies (or indicate that there are none) Identify any/all pure strategy Nash equilibria by writing the equilibrium strategies as an ordered pair. (If there is no PSNE, write "no PSNE".) a. (3 pts.) Two friends are deciding what costumes to wear for Halloween. Matt Parrot Zombie Vampire 6, 1 10,7...