Game theory applications

Game theory applications - further alienates everyone...

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Game theory applications
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The Hawk Dove Game -2,-2 2,0 0,2 1,1 Hawk Dove Hawk Dove
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My strategy will be A) Hawk B) Dove
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Hot Dogs on the beach How do we minimize total travel cost of customers?
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Hot Dogs on the beach Equilibrium with 2 sellers
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Hot Dogs on the beach Equilibrium With 4 sellers
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Hot Dogs on the beach Efficiency With 4 sellers
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Campaign contributions Two candidates, both seek to maximize campaign contributions. Citizens favorite points uniformly distributed from left to right. People contribute to their favorite candidate an amount that is proportional to how much they prefer this favorite.
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Campaign contributions model
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Quote about a divisive American political in today’s news "Every time she pops off, she excites her narrowing band of partisans and probably makes herself more money, but she
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Unformatted text preview: further alienates everyone else," Jordan said to AP. Liability models Expected cost of accident depends on actions of both parties. Efficiency conditions Negligence with Contributory Negligence Victim, perpetrator model. Find efficient actions. What does contributory negligence rule impose? Show that this is an equilibrium. Extension of contributory negligence model Interpret for collision model Critique of contributory negligence model What if court doesnt know the loss function but participants do? What about deaths and injury? You cant pay undo them with payments. What about auto collisions that simply depend on amount of driving? Bertrand equilibrium with constant marginal cost...
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This note was uploaded on 12/25/2011 for the course ECON 171 taught by Professor Charness,g during the Fall '08 term at UCSB.

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Game theory applications - further alienates everyone...

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