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- 3 0: she makes a pront of $9 An is ISK AVCise and aunty she makes. Let P be the probability that it rains the day of the concert. Find the number P tha makes Ann indifferent between organizing the concert in the Club or at the Park. 8. Compute the mixed strategy Nash equilibrium of the game below: Bungle F2 # Zippy E Left Right DOD F4 Up 2,-1 R I 20 F3 $ BAG 3 4 -2,0 HOT % 5 F5 Down 3,1 T 4,-2 VO MacBook Air 6 F6 Y & 7 F7 * U 8Japan's Elpida Memory entered court management and was acquired by Micron. The media reportedthat it was the result of the semiconductor chicken game.■Question (a) Where is the Nash Equilibrium?■Question (b) What is the mixed-strategy equilibrium? – find out x and y■Question (c) What is the probability of a chicken game?10. Game theory
- learn.canterbury.ac.nz Clasarsom Nov 15-ICO EUC LEARN | AKO See the game below and answer the questions 8 to 11: Player-1 C Player-2 X, Y Y Player-1 9 14 8. Player-2 16 17 16 Nash Equilibrium in this game: Select one: O a. Playert: C; Player2: X O b. Playert: C; Player2: Y Oc. Playert: L; Player2: X Od. Playert: L; Player2: Y e. NoneConsider the following classic game, called Hawk and Dove. Player 2 Hawk Dove Hewk 0,0 4,1 Player 1 Dove 1,4 33 Select all pure strategy Nash equilibria and check the corresponding option if you think there exists a mixed strategy Nash equilibrium too. O There exists also a mixed strategy Nash equilibrium OHawk, Dove ODove, Hawk O Hawk, Hawk O Hawk, HawkA C D 1 4 Y 1 4 3 2 Is there a pure Nash equilibrium in the game? Justify the answer.
- Aedri Quick Lesson in Game Theory A Nash Equilibrium is an outcome in which neither player is better off by changing their strategy. 2.7 Is a Dominant Strategy equilibrium also a Nash equilibrium? a) Yes b) No esc The Ice Cream Guys $3.99 $4.99 + Chucky's Chunky CCT: $20,000 $3.99 ICG: $20,000 CCT: $60,000 ICG: $10,000 tab Treats CCT: $10,000 $4.99 ICG: $60,000 CCT: $40,000 ICG: $40,000 The table above is the payoff matrix for the annual profit of the only two ice-cream-truck firms operating in Beach City. They are deciding the price of an ice cream cone. %3D caps lo 2.8 What is Chucky's dominant strategy? a) $3.99 b) $4.99 c) Not enough information hift 2.9 What is the dominant strategy equilibrium in this situation? a) Both charge $3.99 b) Both charge $4.99 c) CCT charges $3.99 and ICG charges $4.99 d) CCT charges $4.99 and ICG charges $3.99 2.10 Suppose these two firms engaged in collusion (which, of course, totally doesn't happen because it is against the law). Which outcome would…Please help awnser 7. Game TheoryAlice and Bob playing the following 2x3 game. In the payoff matrix below, Alice’s payoffsare the first number and Bob’s are the second number.Tucker and Eddie are playing the following game. Tucker can choose A or B and Eddie can choose C or D. The first payoff is for Tucker, the second for Eddie. Eddie Tucker C D A 3, 2 4, 3 B 4, 5 3, 4 Identify the Nash equilibrium(s) in this game. What rational game theoretic advice would you offer Tucker and Eddie on how to play this game? If Tucker and Eddie follow your advice, what payoff should each expect? Show your work.
- What is the Nash Equilibrium in a game?A. A situation where all players cooperate for maximum gainB. A situation where no player can improve their outcome by changing their strategy unilaterallyC. A situation where players always choose the same strategyD. A situation where players randomly select strategiesConsider the following normal form game Player 2 L C R Player 1 U 5, 4 4,5 3,8 8,3 8,0 5,5 6,3 0,8 M D 8,8 Find all the pure strategy Nash equilibria of the game.Game theory Consider a simultaneous move game with two players. Player 1 has three possible actions (A, B, or C) and Player 2 has two possible actions (D or E.) In the payoff matrix below, each cell contains the payoff for Player 1 followed by the payoff for Player 2. Player 2 7. Player 1 ہے A B C D -3, -3 0, -11 -4, 3 -11, E 0 -7, -7 -12, 0 (a) Identify any dominated strategies in this game. If there are none, state this clearly. (b) Identify any pure strategy Nash Equilibria in this game. If there are none, state this clearly.