Question

Need a little help with this problem but I'm not certain if the following change asked will change all the payoffs to player I or just that one change.

1n a version of the game Russian roulette, made infamous in the movie The Deer Hunter, two players are faced with a six-shot pistol loaded with one bullet. The players ante $1000, and player I goes first. At each play of the game, a player has the option of putting an additional $1000 into the pot and passing, or spinning the chamber and firing (at his own head). If player I chooses the option of spinning and survives, then she passes the gun to player lI, who has the same two options. If player I does not survive the shot, the game is over and Il gets the pot. If player I has chosen to fire and survives, she passes the gun to player Il; if player ll chooses to fire and survives, the game is over and both players split the pot. If I fires and survives and then I passes, both will split the pot. The effect of this is that II will pay $500 to I. On the other hand, if I chooses to pass and Il chooses to fire, then if Il survives, he takes the pot. Extensive opm er 500

But I really need this part.

3. In the Russian roulette example shown in class, make the following change. Suppose that if player I spins and survives and player II decides to pass, then the net gain to I is S 1000 and so I gets all of the additional money that II had to put into the pot in order to pass. Describe the game in (a) extensive form, (b) normal form

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Answer #1

There will only be just one change.

Paiu slooo favs saye So fine 14100

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