QUESTION 5 Player III PlayerII Player lI Player i A 11,1 444 A 3,3,0 3,1,7 B...
GAME THEORYJust to be clear, 8,8,8 is
incorrect. Many people have been posting that as the answer.
Player IlI Player II Player l A 1,1.1 444 B 7,5,7 -1,6,3 A 3,3,0 3,1,7 B 1,1,8 3,1,4 Player Player Consider the stage game above and suppose it is repeated twice without discounting. Consider all possible SPNE in pure strategies for the twice repeated game. The highest payoff Player 1 can get in a SPNE is The highest payoft Player 2 can get...
10 p QUESTION 2 Player l A 6,6 -2,7 -2,-2 Player I B 742,2 1,- C 2,-2 1,1 1,1 game in which the stage game above is repeated twice and there is no discounting. The maximum payoff a player can achieve in a SPNE of the repeated game is (Please, enter a numerical value like:-1,0, 0.5, 3.5, 4, etc)
QUESTION 3 Player A 1,17,1 B 1,-1 4,5 Player I Consider the stage game above and suppose it is repeated twice without discounting. There exist a SPNE in which the first period outcome is (B,D). To support this SPNE player 1 plays action B in the first period and action period, and plays action in the second period. Player 2 plays action D in the first in the second if the first period outcome was (B,D) and plays action otherwise
Player IlI Player II Player I A 1,1,-1 444 B 7,5,7 1,6,3 A 33,03,1,7 Player I Player I B -1.1,8 314 Consider the stage game above. Select all the pure strategy NE in the game. c (AC,E) e. (B,D,F Of. (B,C,E
QUESTION Player I A 6,6 2,7 2,-2 Player B 74 2,-2 1,1 C 2.2 1,1 1,1 in which the stage game above is repeated twice and there is no discounting. The following are SPNE outcomes in the repeated game (select all that apply) a (AD) in the first period, (AD) in the second period. □ b. (B,F) in the first period, (B,F) in the second period. c·(CF) in the first period, (C,F) in the second period. d.(B.F) in the first...
QUESTION 6 Player II A 3,2 0,1 В 7,0 2,1 Player I Consider the stage game above and suppose it is repeated infinitely many times. For (A,C) to be played every period as a SPNE using trigger strategies the discount factor needs to be more than or equal to (Please, enter a numerical value not in fractional form; i.e., instead of 1/2 enter 0.5)
QUESTION 7 Player II A 3,40,7 В 5,0 1,2 Player I Consider the stage game above and suppose it is repeated infinitely many times. For (A,C) to be playe every period as a SPNE using trigger strategies for Player 1 not to deviate, and more than or equal to the discount factor needs to be more than or equal to for Player 2 not to deviate. Therefore, the discount rate must be larger than or equal to fractional form; ie.,...
Consider a game in which Player 1 first selects between L and R. If Player 1 selects L, then players 1 and 2 play a prisoner’s dilemma game represented in the strategic form above. If Player 1 selects R then, Player 1 and 2 play the battle-of-the-sexes game in which they simultaneously and independently choose between A and B. If they both choose A, then the payoff vector is (4,4). If they both choose B, then the payoff vector is...
stion 4 10 points Save Answer Player II С 6,6 1,7 D 7,1 3,3 Player l Consider a game in which Player 1 first selects between L and R. f Player 1 selects L, then players 1 and 2 play a prisoner's dlemma game represented in the strategic form above it Player 1 selects R then, Player 1 and 2 play the battie-of the-sexes game in which they simultaneously and independently choose between A and B. If they both choose...
Player lI A 6,6 2,0 В 0,1 а,а Player Consider the game represented above in which BOTH Player 1 and Player 2 get a payoff of "a" when the strategy profile played is (B,D). Select the correct answer. If a-1 then strategy B is strictly dominated If a-3/2 then the game has two pure strategy Nash Equilibria. For all values of "a" strategy A is strictly dominant. For small enough values of "a", the profile (A,D) is a pure strategy...