This preview shows page 1. Sign up to view the full content.
Unformatted text preview: package of ice-cream). Assume the value of the object to each player after units of time is while a 50% chance of obtaining the object is /2 . Specify players, strategies, and payoff functions (carefully) for this game. Graph out the payoff functions, construct the best response curves, and find the Nash Equilibria of this game....
View Full Document
This note was uploaded on 03/13/2009 for the course ECON 398 taught by Professor Emre during the Spring '07 term at University of Michigan.
- Spring '07