Unformatted text preview: package of ice-cream). Assume the value of the object to each player ݅ after ݐ units of time is ݒ െ ݐ while a 50% chance of obtaining the object is ሺݒ െ ݐሻ/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....
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- Spring '07
- Game Theory, 50%, payoff functions, Evolutionarily stable strategy