Unformatted text preview: i = 1 , 2 , 3 ,write out the strategy sets, S i , and the payo f functions, π i . (b) Express the normal form game using matrices. (For a three player game, you can write it as a collection of matrices, one matrix for each strategy of player 3. Player 3 chooses the matrix, player 1 chooses the row, and player 2 chooses the column. Each box of each matrix has three numbers, corresponding to the payo f s of the three players.) (c) Represent this game in extensive form. 3. MasColell, exercise 8.D.4. If the two demands sum to less than or equal to $100, they do the project, each gets his demand, and any money left over goes to charity. 4. MasColell, exercise 8.D.5. 1...
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 Spring '08
 PECK
 Economics, Game Theory, $100, Voting system, Prof James Peck, Ohio State University Econ, State University Econ

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