Political science class

Political science class - Minimax vs minisum ( essentially...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Minimax vs minisum ( essentially AV voting) Hamming distance is often used in electrical engineering as refers to circuits. Evolutionarily STABLE STRATEGY ( not every nash equilibrium is an ESS). Here is the game of chicken Col Col SWERVE DON’T SWERVE SWERVE Row 3 3 4 2 DON’T SWERVE Row 2 4 1 1 There are 2 nash equilibria and one in mixed strategy Remember 3,3 top is cooperation Commitment can be rational. For example if you see me rip out my steering whel you know my strategy will be Don’t swerve. So now your best option will be to swerve away. (i.e. a payoff of 4 and 3 are off the table for you, so you have a
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/04/2011 for the course POLITICS V53.0810 taught by Professor Stevenjbrams during the Spring '11 term at NYU.

Ask a homework question - tutors are online