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### Problem Set 2a Solutions

Course: ECON 414, Spring 2011
School: Maryland
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Word Count: 3271

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MANUAL CHAPTER 2 SOLUTIONS 3: ELIMINATING THE IMPOSSIBLE: SOLVING A GAME WHEN RATIONALITY IS COMMON KNOWLEDGE 3. For the Team-project game, suppose a jock is matched up with a sorority girl as shown in FIGURE PR3.3. FIGURE PR3.3 Low Low 3,0 2,2 1,6 Sorority girl Moderate 4,1 3,4 2,5 High 5,2 4,3 3,4 Jock Moderate High a. Assume that both are rational and that the jock knows that the sorority girl is...

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