Econ301_hw5 - (b) Is your pure strategy Nash equilibrium...

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

View Full Document Right Arrow Icon
Econ 301 - Homework #5 (Optional, 40 extra points) Due on Friday Aug 6 1. Please watch the Ferry Scene in movie ”Dark Knight”, the clip is available on youtube: http://www. . (a) Please formulate this situation as a static game with 2by2 payoff matrix and find out the pure strategy of Nash equilibrium. (Hint: it is similar to the Prisoner’s Dilemma)
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: (b) Is your pure strategy Nash equilibrium consistent with the nal results shown in the movie? Briey explain it. 2. Please draw the game tree of the trust game we played in the class, and use backward induction to nd out a pure strategy Nash equilibrium. 1...
View Full Document

This note was uploaded on 08/01/2011 for the course ECON 301 taught by Professor Corinnelanginier during the Summer '07 term at Iowa State.

Ask a homework question - tutors are online