What is the Nash Equilibria of the following game? Penalty Game Keeper L R Striker L 1,-1 -1, 1 R -1,1 3, -1 Select one: a. None of the other answers b. (1/2 L+ 1/2 R, 2/3 L + 1/3 R) c. (1/3 L + 2/3 R, 1/2 L + 1/2 R) d. (1/2 L+ 1/2 R, 1/2 L+ 1/2 R) e. (1/2 L+ 1/2 R, 1/3 L+ 2/3 R)
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- Player 2 E F H A 6, 5 6, 7 9, 6 7,6 В Player 1 C 6, 7 6, 9 8, 5 9, 7 5, 8 5, 6 7,5 7,5 7,9 8, 7 11, 6 5, 6 (1) In the Unique Nash equilibrium of this game, which strategy does Player1 play? And why? (2) In the Unique Nash equilibrium of this game, which strategy does Player2 play? And why? (3) Is this game dominance solvable? And Why? (4) Does this game have at least one inadmissible Nash equilibrium? And Why?rock paper scissors гock 0. -3 1 рарer 1. -1 scissors -1 3 0. (a) Show that xT= ( ) and yT= (3) together are not a Nash equilibrium 3 3 313 for this modified game. (b) Formulate a linear program that can be used to calculate a mixed strategy x € A(R) that maximises Rosemary's security level for this modified game. (c) Solve your linear program using the 2-phase simplex algorithm. You should use the format given in lectures. Give a mixed strategy x E A(R) that has an optimal security level for Rosemary and a mixed strategy y E A(C) that has an optimal security level for Colin.し(5,3) b I(2,2) も(0,0) (4,12) a (12.4) (0,0) i). List all subgame pertect Nash equilibria and name one Nash eqvilibrivm that is not subgame pertect i). How many strategies does playot and player 2 have?
- 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 81. Repeated Game Consider the following normal form game. D Player 1 E F A 10, 10 -12,-1 15, -1 Player 2 B -1, -12 8,8 -1,-1 C -1, 15 -1,-1 0,0 (a) Suppose this game is played once. Find all pure strategy Nash equilibria. (b) Now suppose the game is played two times without discounting. Find all strategy profile that can be played in the first period in a SPNE. (c) Now suppose the game is played T times without discounting, where T is a finite number. Find the smallest T such that (E,A) is played in the first period. (d) Now suppose the game is played infinitely many times and the players have a same discount factor 8 < 1. Find the smallest d that can support the SPNE in which (D,A) is played in every period along the equilibrium path. (Hint: Players use the Grim-Trigger Strategy where (F,C) is used as a punishment).3. Nash Equilibria Consider the following (normal-form) game. Compute a Nash Equilibrium of this game. U C D L | M R 5,0 1,3 4,0 2,4 1,4 3,5 0,1 1,0 5,0
- 1. Consider the following normal-form game: Player 2 Left Right 30,20 10,10 10,30 20,20 Player 1 How many pure-strategy Nash Equilibria are there in this game? (a) 0 (b) 1 Up Down (c) 2 (d) 3 (e) 4 (f) None of the above Answer: 1b. The only Nash Equilirbium is (Up,Left).What is Ann's maximin strategy? Game Bob L RAnn U 10,-1 4, 4 D 4, 1 8, -1 Select one: a.none of the other answers b.4/7 U + 3/7 D c.2/5 U+ 3/5 D d.2/7 U + 5/7 D e.3/5 U + 2/5 D1. Nash Equilibrium (a) Find all pure Nash Equilibria P1/P2 W X Y Z 9,9 0,7 5,5 1,1 7,0 0,0 4,2 7,7 5,5 2,4 0,0 1,1 1,1 7,7 1,1 0,0 A B C D (b) Consider the following picnic game. There are N players in the game each who can chose to bring food to the picnic or not. Let b;= {0, 1} be player i's choice of bringing food with 0 as not and 1 as yes. If they decide to bring food it comes at a cost c;(1) = 1 and no cost to bring food. Payoffs are sum of food brought minus individual cost. i. Write out the normal form matrix if N = 2 ii. If N = 2 find all pure Nash Equilibria iii. Find all pure Nash Equilibria in the general game
- 2. Consider the normal form game a b с d e f 9 h A B C E F 1,0 2,1 1,0 1,1 2,2 0,1 3,2 0,1 0,0 0,1 0,10 0,3 10, 2 0,0 0,1 20,1 5,4 20,3 5,20 5,0 0,4 0,5 1,5 0, 10 1,0 4,6 15,5 4,7 5,6 10,5 100, 5 4,5 4,0 4,1 5,5 3,0 0,1 100,5 4,8 0,7 100,7 4,10 4,5 D 2,0 0,1 0,2 5,3 1, 10 1. Find all pure strategy Nash equilibria. 2. Find all strictly dominated strategies. 3. After removing all strictly dominated strategies, find all strictly dominated strategies in the game with the strategies you found in part b. eliminated. 4. Continue the process until you can no longer find any more (iteratively) undominated strategies.Exercise 6.8. Consider the following extensive-form game with cardinal payoffs: 1 R O player pay 000 2 1 M 3 b 010 O player 3's payoff 1 2 221 2 000 0 0 (a) Find all the pure-strategy Nash equilibria. Which ones are also subgame perfect? (b) [This is a more challenging question] Prove that there is no mixed-strategy Nash equilibrium where Player 1 plays Mwith probability strictly between 0 and 1.1. For the following game Player B Player A Left 7,17 10,5 4,4 Middle Right 14,11 4,3 10,25 21,21 Тop Middle 14,4 Bottom 7,3 a) Determine the Nash equilibrium is any? b) Represent the game sequentially starting with player 1 and determine the sub-game perfect equilibrium c) Represent the game sequentially starting with player 2 and determine the sub-game perfect equilibrium d) Find the mixed strategy Nash equilibrium of the following game e) Firm 1 Firm 2 High price Low price High price 4,3 2,4 Low price 2,4 3,3