Question

Problem 4 Do the Nash equilibria of a game differ, if a game is played sequentially compared to the case when it is not played sequentially? Use an example to support your answer.

Answer 1

Rockpaper scissiors is sequential game for two players and where finite steps are taken with perfect information of each other for players involved. The Nash equilibrium occurs in this zeronsum game where winner takes it all and thus an equilibrium is achieved when both players are well off with hvinv both stone or paper or scissors.

Football is non sequential game as each team doesn't know what other team has moved and are generally not in sequence. Nash equilibrium thus occurs when both teams arebetter off with same score even after extra time.