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Unformatted text preview: the payo/s of the signaling game. Frogs like to kiss princesses and don&t like to be eaten. Frogs who are really princes especially like to kiss princesses (because then the frog turns into a prince). Frogs who are not really princes cannot say "prince" without rst taking costly lessons in elocution. Princesses like to eat frogs, but they prefer to kiss frogs who are really princes. Princesses don&t like to kiss frogs who are not princes. Payo/s consistent with these facts are shown below. (a) Find all pure-strategy equilibria (both separating and pooling). 1...
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- Spring '10
- Game Theory