S1: student attends 1st class
NS1: student doesn't attend 1st class
T; teacher threats
NT; doesn't threat
S2: student attends 2nd class
NS2: doesn't attend 2nd class
Q professor gives quiz
NQ: prof. Doesn't give quiz
B) total subgames shown by red brackets on each singleton node
So total 15 subgames
c) now solving backwards
D) students don't believe the threat bcoz it's off the Eqm path, hence it's not the credible threat, since professor threat of quiz doesn't constitute the SPNE, so it's not rational for professor to quiz , so students don't believe
3 Sequential game Imagine the same Professor and Students are playing a sequential game. Students move...
3 Sequential game Imagine the same Professor and Students are playing a sequential game. Students move first and decide to show up to class or to not show up. Professor moves second and decides whether to threaten a quiz for the next lecture or not. Students then decide whether to attend the next lecture or not. Professor, who has a quiz prepared, observes whether students attend or not and then decides finally whether or not to actually give the quiz....
3 Static game II Imagine a game with a Professor and Students (who all act together as one player). The Professor is giving a final exam and has to decide whether to make it easy or hard. Students have to decide whether to put low effort, medium effort, high effort, or max effort into studying for the exam. Both players decide simultaneously. Payoffs are as follows: Students Max effort High effort Medium effort Low effort 4,3 2,5 1,2 Professor Easy...
While reading the story, consider the culture (or sub culture) and related communication styles the story reveals. Consider too, possibly, the values, behavioral norms, social practices, social artifacts, etc. After reading the story through the lens of this idea, please compose a full academic length (evidence-based 7 to 11 sentence long) paragraph which addresses the following prompt: What does the story reveal about the culture it portrays and/OR the communication styles the culture shares? In other words, what does the...