3. The extensive form of a 2-person game is as follows: () (1019 (a) What are...
The extensive form of a 2pemon game as follones R. (a) What are the pure strategy sets for players I and II. (b) Derive the normal (strategie) form of the game? (e) Use backward induction to find the sub-game perfect Nash Equi- librium of the game. (d) Find the other Nash Equilibrium and explain why it is not sub game perfect.
3. The extensive form of a 2-person game is as follows: 1/ 2 020210 0 0-25-210 (a) What are the pure strategy sets for players I and II. (b) Derive the normal (strategic) form of the game? (c) Find the Nash Equilibrium(a) of the game (d) Is there any sub-game non-perfect equilibrium? Explain.
1. Consider the following extensive form game with perfect information: 2 In 0 (a) (Level A) Write down the normal form associated with this extensive formm game (b) (Level A) First suppose = 0. Find a subgame perfect equilibrium for this game. (c) (Level B) Again suppose α-0. Find a pure strategy Nash equilibrium of this extensive form game that is not subgame perfect. (d) (Level B) Now suppose α = 3. Find all pure strategy subgame perfect equi- libria....
1. Consider the following extensive form game with perfect information 1 Out 2 2 In 3 3 a) (Level A) Write down the normal form associated with this extensive form game (b) (Level A) First suppose -0. Find a subgame perfect equilibrium for this game (c) (Level B) Again suppose α-0. Find a pure strategy ash equilibrium of this extensive form game that is not subgame perfect (d) (Level B) Now suppose a-3. Find all pure strategy subgame perfect equi-...
3. General Extensive Form Game D Suppose the following general extensive form game 1/2 1/2 (2, 2) (2, 2) (0, 6) (6, 0 (0,0 (6, 4) (a) Represent this game in normal form by using a matrix, and find all pure strategy Bayesian Nash equilibrium (equilibria) b) Find pure strategy subgame perfect equilibrium (or equilibria) of this game. c) Find pure strategy perfect Bayesian equilibrium (or equilibria) of this game.
Consider the following extensive-form game with two players, 1 and 2. a). Find the pure-strategy Nash equilibria of the game. [8 Marks] b). Find the pure-strategy subgame-perfect equilibria of the game. [6 Marks] c). Derive the mixed strategy Nash equilibrium of the subgame. If players play this mixed Nash equilibrium in the subgame, would 1 player In or Out at the initial mode? [6 Marks] [Hint: Write down the normal-form of the subgame and derive the mixed Nash equilibrium of...
Consider the following extensive form game P1 RP:2 L2 R2 L1 R1 (2,2) (0,3) 1. How many sub-games are there in this game? What is the Subgame Perfect Equilibrium? 2. Represent this game as a Normal form game and find all pure strategy Nash Eq. Is there a mixed Nash eq. in this game? If yes, show one. If not, argue why not 3. Now assume that P2 cannot observe P1's action before he makes his move. As such, he...
4. (General Extensive Form Game ID Suppose the following general extensive-form game. Player 1 Player 2 (0, 4) (4,0 (4, 0) (0, 4) (a) Represent this game in normal form by using a matrix, and find all pure strategy (Bayesian Nash equilibrium (equilibria) b) Does a pure strategy perfect Bayesian equilibrium exist? If so, show it (or them). If not, prove it.
Solve the following Extensive Form game by Backward Induction, then covert them into Normal Form and find the pure-strategy Nash equilibria in Normal Form. P1 V P2 (2, 2) P1 (1,3) B (3,4) (4,2)
Q.1 Consider the following extensive-form game: Playxo Playr 2 o Player? 8, 6 8,5 7, 6 9, 7 Q.1.a Depict the corresponding normal form of the game. Q.1.b Identify the Nash equilibria. Q.1.c Identify the subgame-perfect Nash equilibrium by using backward induction.