Answer:
Given data :
player 2 | |
player 1 | C D |
A | 1,1 7,1 |
B | 1,-1 4,5 |
Now, we can say that :
QUESTION 3 Player A 1,17,1 B 1,-1 4,5 Player I Consider the stage game above and...
QUESTION 5 Player III PlayerII Player lI Player i A 11,1 444 A 3,3,0 3,1,7 B 118 31A Player I B 7,5,7 -1,6,3 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 payoff Player 2 can get in a SPNE is . Finally, the highest payoff Player 3 can get in...
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...
3. Player 1 and Player 2 are going to play the following stage
game twice:
Player 2
Left
Middle
Right
Player 1
Top
4, 3
0, 0
1, 4
Bottom
0, 0
2, 1
0, 0
There is no discounting in this problem and so a player’s payoff
in this repeated game is the sum of her payoffs in the two plays of
the stage game.
(a) Find the Nash equilibria of the stage game. Is (Top, Left) a...
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.,...
. Player 1 and Player 2 are going to play the following stage game twice: Player 2 Left Middle Right Player 1 Top 4, 3 0, 0 1, 4 Bottom 0, 0 2, 1 0, 0 There is no discounting in this problem and so a player’s payoff in this repeated game is the sum of her payoffs in the two plays of the stage game. (a) Find the Nash equilibria of the stage game. Is (Top, Left) a...
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 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 10 Consider the stage game below, and suppose it is repeated infinitely many times. Player 2 D E F A 1,1 1,1 1,1 Player I B 1,8 7,5 1.1 C 5,7 8,3 1,1 To sustain a SPNE in which players play (B.D in every period by means of a trigger strategy, the discount rate must be larger than or equal to o a. O b. 1/3 (B.E) cannot be part of a SPNE o d.23 Ce.3/7.
Consider the stage game below, and suppose it is repeated infinitely many times Player 2 D EF A 1,1 1,1 1,1 Player I B 1,8 7,5 1,1 C 5,7 8,3 1,1 To sustain a SPNE in which players play (C,E) in every period by means of a trigger strategy, the discount rate must be larger than or equal to C. 1/3 d. (CE) cannot be part of a SPNE.