N116AHW1 - may remain more than one strategy for a player....

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Econ 116A, Fall 2010 Homework # 1 1. IEDS : Find the outcomes for the following games. Show all the stages and clearly mention the dominated and the dominating strategies. GAME I : L C R T -1, 1 0, -33 1, -10 M 4, -2 2,1 1.5, 3 B 3, 0 4, 3 3, 1 GAME II : L R T 3, 2 2, 2 M 1, 1 0, 0 B 0, 0 1, 1 (Hint: In Game II, you will eliminate some weakly dominated strategies. Note that there
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Unformatted text preview: may remain more than one strategy for a player. You must show how the outcome depends upon the order of elimination.) 2. Practice Questions (Do not submit): Textbook, Exercises 16.1 and 17.1. Verify your answers on the text website: http://www.economics.utoronto.ca/osborne/igt/...
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This note was uploaded on 11/27/2010 for the course ECON Econ 116A taught by Professor Neerjaaggarwal during the Winter '10 term at UC Irvine.

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