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Problem Set 1a
Course: ECON 414, Spring 2011School: Maryland
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Questions1,2,5,9outofHarrington. Problemset1a,GameTheory(SinervoMusacchioFall2010). Problemsupp1:Intheseaotterkidnapgame,writeouttheextensiveformgamefor themalekidnapofpup,withransomornoransompaidbythefemale,harm/release unharmedbythemale,retaliate/noretaliatebythefemale,andfillinthepayoffsto maleandfemale(considertheactionofretaliate/noretaliatetobecostly,buthasa...
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Questions1,2,5,9outofHarrington. Problemset1a,GameTheory(SinervoMusacchioFall2010). Problemsupp1:Intheseaotterkidnapgame,writeouttheextensiveformgamefor themalekidnapofpup,withransomornoransompaidbythefemale,harm/release unharmedbythemale,retaliate/noretaliatebythefemale,andfillinthepayoffsto maleandfemale(considertheactionofretaliate/noretaliatetobecostly,buthasa deterrenteffect[soyouhavetofashionpayoffsthinkingtowardsthefuture]). Assignordinalpayoffs.Youwillgetzeroifyoudonotexplainyourrationaleforthe ordinalpayoffsthatyouassign. Problemsupp2:WriteoutanEFGforthefishpreyspecies(withbiasesdrivenby frequencyofpredatorintheenvironment),thepredatorspeciesofrightandleft biologyofthepayoffsthatyouassign.Thus,thisquestionwillreceivezeromarks jawedfish.Thisgameshouldhaveaformsimilartothebaseballgame.Explainthe ifyoudonotexplaintherationalefortheordinalpayoffsyouassign.Youshould includetwonaturemoves. Problemsupp3ab).Withyourgroupmembers,drawoutEFGsfortwoofyour potentialprojectgames.Inaparagraphdescribethegame(asHarringtondoesinhis samplequestionsattheendofthechapter),thendrawtheEFG,andassignordinal payoffs.Againyoumustprovideaparagraphwhereyougivetherationaleforthe ordinalpayoffsthatyouassigntoeachplayer.Hintdonotdogameswithmorethan 3players,itgetstoomessy.
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Maryland - ECON - 414
Problemset1b.SinervoandMusacchio,GameTheoryFall2010 Suppl.Problem1.WeworkedouttheBIsolutionofthekidnapgameforaniceGuy inlecture.WorkouttheBIsolutionofthekidnapgameforthemurderousGuy.Are theydifferent.Whyorwhynot? Suppl.Problem2.ForthetwoEFGsbeingdesignedb
Maryland - ECON - 414
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Maryland - ECON - 414
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Consider the 2012 presidential election game we considered in class between the (R)epublicans, (D)emocrats, and, (T)ea Partiers. Make the following added assumption to the game. Assume that each party earns an additional 0.1 payoff when they vote sincerel
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Homework #2 Solutions 1. The set of strategies for the professor is cfw_Monday, Wednesday, Friday We can see from the past HW1 solutions that there are 7 information sets for the student: one on Monday, two on Wednesday, and four on Friday. But Friday inf
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ECON166AMIDTERM SInervoAndMusacchio FALL2010 85pointstotal 1)OnOctober14,1962,theUSconfirmedthepresenceofSovietnuclearmissilesin Cuba.ItwasthetimeoftheColdWarandtheUSandUSSRwerearchrivals.The USSRhadplacedthesenukesinCuba.ThesequenceofdecisionsfacingtheUS
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Econ166aFall10 PracticeFinalQuestions QuestionsfromHarrington: 1)Harrington7.7 2)Harrington8.1 3)Harrington9.10 4)Harrington10.1 5)Harrington11.5 6)Considerthefollowing2x2game: A B A 4,4 0,5 B 5,0 2,2 Sinervo/Musacchio 7)Harrington16.2 KeyConcepts: Mixe
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