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Consider the Normal Form game below between Pepsi and Coca-Cola and then answer the questions that...
3 parts Consider the Normal Form game below between Pepsi and Coca-Cola and then answer the...
3 parts
Consider the Normal Form game below between Pepsi and Coca-Cola and then answer the questions that follow: Pepsi Don't Supply (D) Supply(5) Don't Supply (D) 250,200 300,0 Coke Supply(5) 200,100 350,200 a. What is the Nash equilibrium/equilibria strategy of the game? O a. {S,S) b.{D,S} OCD,D) d. {S,D) QUESTION 12 Consider the Normal Form game from question 10: If Coca-Cola was to utilize a maximin strategy, what strategy will it choose a. Don't supply b. Supply O {SS}...
3 part question Consider the Normal Form game below between Pepsi and Coca-Cola and then answer...
3 part question
Consider the Normal Form game below between Pepsi and Coca-Cola and then answer the questions that follow: Pepsi Don't Supply (D) 250,200 Supply(S) 300,0 Don't Supply (D) Coke Supply(S) 200,100 350,200 a. What is the Nash equilibrium/equilibria strategy of the game? O a. {SS} b.{D,S} OC {D,D) O d. {S,D} QUESTION 12 Consider the Normal Form game from question 10: If Coca-Cola was to utilize a maximin strategy, what strategy will it choose? O a. Don't supply...
1. Find the dominant stratgey for Coca-cola and explain your answer with numeric/ word answer. 2.What...
1. Find the dominant stratgey
for Coca-cola and explain your answer with numeric/ word
answer.
2.What is the dominant strategy for Pepsi? Explain your
answer.
3. Does a Nash Equilibrium strategy exist for each firm? For
which one? Explain answer.
ayoffs for Coca Cola are given in red and those for Pepsi are given in blu Pepsi Discount Price(*Left) Pricing Strategy Regular Price ("Right") Discount $5 bI, $3bl $10 bt $2bl Price Coca ("Up") Cola Regular Price $6 bl, $4...
Consider the following extensive-form game with two players, 1 and 2. a). Find the pure-strategy Nash...
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 a market with two firms, Coke and Pepsi, that produce soft drinks. Both firms must...
Consider a market with two firms, Coke and Pepsi, that produce soft drinks. Both firms must choose whether to charge a high price ($1.25) or a low price ($0.85) for their soft drinks. These price strategies with corresponding profits are depicted in the payoff matrix to the right. Coke's profits are in red and Pepsi's are in blue. V, and Pepsi's dominant Coke's dominant strategy is to pick a price of strategy is to pick a price of $ Coke...
Q.2 Consider the following normal-form game: Player 2 Player 1 3,2 1,1 -1,3 R. 0,0 Q.2.a...
Q.2 Consider the following normal-form game: Player 2 Player 1 3,2 1,1 -1,3 R. 0,0 Q.2.a Identify the pure-strategy Nash equilibria. Q.2.b Identify the mixed-strategy Nash equilibria Q.2.c Calculate each player's expected equilibrium payoff.
s Use the following one-shot, normal-form game to answer the questions below Player 2 Strategy Player...
s Use the following one-shot, normal-form game to answer the questions below Player 2 Strategy Player 1 A 100, 100 150,200 200 200, 75 300, 200 125, 150 100, 225 200, 300 225, 195 150, 250 c Find each player's dominant strategy, if it exists.(4 points) d. Find each player's secure (maximin) strategy. (4 points) Find the Nash equilibrium, if there is one, and explain why it is the Nash equilibrium. If there is not a Nash equilibrium, explain why....
3. General Extensive Form Game D Suppose the following general extensive form game 1/2 1/2 (2,...
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.
#1. (30 points) Consider the following normal-form game. (a) (10 points) Find all pure strategy Nash...
#1. (30 points) Consider the following normal-form game. (a) (10 points) Find all pure strategy Nash equilibria. (b) (20 points) Find all mixed strategy Nash equilibria. EFG | A 0,0 3, 4, 1 B5,5 0,01,-1 C 2.0 1,0 2,6 D 1,0 1,4 6,3
Consider the following normal form game: U D LR 7,7 4,8 8,4 5,5 a. Are there...
Consider the following normal form game: U D LR 7,7 4,8 8,4 5,5 a. Are there dominant actions for any of the players? b. Find all Nash equilibria of this game. c. Suppose we repeat this game 10 times, specify a subgame perfect equi- librium of this finitely repeated game. d. Suppose this game is repeated infinitely: Identify a subgame perfect equilibrium of this game which gives an average (normalized) dis- counted payoff of 7 to both players. Clearly identify...
3 parts
Consider the Normal Form game below between Pepsi and Coca-Cola and then answer the questions that follow: Pepsi Don't Supply (D) Supply(5) Don't Supply (D) 250,200 300,0 Coke Supply(5) 200,100 350,200 a. What is the Nash equilibrium/equilibria strategy of the game? O a. {S,S) b.{D,S} OCD,D) d. {S,D) QUESTION 12 Consider the Normal Form game from question 10: If Coca-Cola was to utilize a maximin strategy, what strategy will it choose a. Don't supply b. Supply O {SS}...
3 part question
Consider the Normal Form game below between Pepsi and Coca-Cola and then answer the questions that follow: Pepsi Don't Supply (D) 250,200 Supply(S) 300,0 Don't Supply (D) Coke Supply(S) 200,100 350,200 a. What is the Nash equilibrium/equilibria strategy of the game? O a. {SS} b.{D,S} OC {D,D) O d. {S,D} QUESTION 12 Consider the Normal Form game from question 10: If Coca-Cola was to utilize a maximin strategy, what strategy will it choose? O a. Don't supply...
1. Find the dominant stratgey
for Coca-cola and explain your answer with numeric/ word
answer.
2.What is the dominant strategy for Pepsi? Explain your
answer.
3. Does a Nash Equilibrium strategy exist for each firm? For
which one? Explain answer.
ayoffs for Coca Cola are given in red and those for Pepsi are given in blu Pepsi Discount Price(*Left) Pricing Strategy Regular Price ("Right") Discount $5 bI, $3bl $10 bt $2bl Price Coca ("Up") Cola Regular Price $6 bl, $4...
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 a market with two firms, Coke and Pepsi, that produce soft drinks. Both firms must choose whether to charge a high price ($1.25) or a low price ($0.85) for their soft drinks. These price strategies with corresponding profits are depicted in the payoff matrix to the right. Coke's profits are in red and Pepsi's are in blue. V, and Pepsi's dominant Coke's dominant strategy is to pick a price of strategy is to pick a price of $ Coke...
Q.2 Consider the following normal-form game: Player 2 Player 1 3,2 1,1 -1,3 R. 0,0 Q.2.a Identify the pure-strategy Nash equilibria. Q.2.b Identify the mixed-strategy Nash equilibria Q.2.c Calculate each player's expected equilibrium payoff.
s Use the following one-shot, normal-form game to answer the questions below Player 2 Strategy Player 1 A 100, 100 150,200 200 200, 75 300, 200 125, 150 100, 225 200, 300 225, 195 150, 250 c Find each player's dominant strategy, if it exists.(4 points) d. Find each player's secure (maximin) strategy. (4 points) Find the Nash equilibrium, if there is one, and explain why it is the Nash equilibrium. If there is not a Nash equilibrium, explain why....
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.
#1. (30 points) Consider the following normal-form game. (a) (10 points) Find all pure strategy Nash equilibria. (b) (20 points) Find all mixed strategy Nash equilibria. EFG | A 0,0 3, 4, 1 B5,5 0,01,-1 C 2.0 1,0 2,6 D 1,0 1,4 6,3
Consider the following normal form game: U D LR 7,7 4,8 8,4 5,5 a. Are there dominant actions for any of the players? b. Find all Nash equilibria of this game. c. Suppose we repeat this game 10 times, specify a subgame perfect equi- librium of this finitely repeated game. d. Suppose this game is repeated infinitely: Identify a subgame perfect equilibrium of this game which gives an average (normalized) dis- counted payoff of 7 to both players. Clearly identify...
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