Problem Set 1a

Problem Set 1a -...

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Unformatted text preview: Problem
set
1a,
Game
Theory
(Sinervo
Musacchio
Fall
2010).
 
 Questions
1,
2,
5,
9
out
of
Harrington.
 
 Problem
supp
1:
In
the
sea
otter
kidnap
game,
write
out
the
extensive
form
game
for
 the
male
kidnap
of
pup,
with
ransom
or
no
ransom
paid
by
the
female,
harm/release
 unharmed
by
the
male,
retaliate/no
retaliate
by
the
female,
and
fill
in
the
payoffs
to
 male
and
female
(consider
the
action
of
retaliate/no
retaliate
to
be
costly,
but
has
a
 deterrent
effect
[so
you
have
to
fashion
payoffs
thinking
towards
the
future]).
 Assign
ordinal
payoffs.
You
will
get
zero
if
you
do
not
explain
your
rationale
for
the
 ordinal
payoffs
that
you
assign.
 
 Problem
supp
2:
Write
out
an
EFG
for
the
fish
prey
species
(with
biases
driven
by
 frequency
of
predator
in
the
environment),
the
predator
species
of
right
and
left
 jawed
fish.
This
game
should
have
a
form
similar
to
the
baseball
game.
Explain
the
 “biology”
of
the
payoffs
that
you
assign.
Thus,
this
question
will
receive
zero
marks
 if
you
do
not
explain
the
rationale
for
the
ordinal
payoffs
you
assign.
You
should
 include
two
nature
moves.

 
 Problem
supp
3
a‐b).
With
your
group
members,
draw
out
EFGs
for
two
of
your
 potential
project
games.
In
a
paragraph
describe
the
game
(as
Harrington
does
in
his
 sample
questions
at
the
end
of
the
chapter),
then
draw
the
EFG,
and
assign
ordinal
 payoffs.
Again
you
must
provide
a
paragraph
where
you
give
the
rationale
for
the
 ordinal
payoffs
that
you
assign
to
each
player.
Hint
do
not
do
games
with
more
than
 3
players,
it
gets
too
messy.
 
 ...
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This note was uploaded on 03/03/2011 for the course ECON 414 taught by Professor Staff during the Spring '08 term at Maryland.

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