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What would have been your choice in the Hobbes dilemma ‘game’, and why was that the’ smart’ choice, in terms of your self-interest?
We consider a sequential-move game in which an entrant is considering entering an industry in competition with an incumbent firm . There are several possibilities of how this sequential game will be played. We want to use the Froeb rule of “look ahead and reason back.” Instructions Use Figure 15-1 from the textbook as your […]
Analysis Questions Remember: answer both of these prompts! Use one of Schell’s “lenses” to analyze a game of your choice. This can be a game we’ve played in this class or a different game that you are interested in. Provide a brief description of the game that you are analyzing, and the reason you chose […]
Define a game as follows: You begin with an urn that contains a mixture of white and black balls, and during the game you have access to as many additional white and black balls as you might need. In each move you remove two balls from the urn without looking at their colors. If the […]
Consider the following payoff matrix of a simultaneous move game, where x is the last digit of your student number. (LAST DIGIT = 3) \ 2 Left Middle Right Top 5, 1 5, 4 5, 3 High 4, 5 3, x 5, 4 Low 2, 2 4, 4 5, 6 Find all pure strategy Nash […]
