Question

Question 4a: Draw a normal form game. Question 4b: Indicate the four basic elements of all games in the above game?
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Normal form game is matrix structure game having four basic elements like :

  1. Players participating
  2. Their subsequent actions or directions
  3. Payoff index
  4. Nash equilibria

The normal form game is shown below

Player 1/ Player 2 Left Right
Top 4,2 0,0
Bottom -1,-1 2,4
Add a comment
Know the answer?
Add Answer to:
Question 4a: Draw a normal form game. Question 4b: Indicate the four basic elements of all...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT