If both cyclists dope or if both cyclists dont dope

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

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: lth costs and the expected damage to their reputation if they are caught). If both cyclists dope or if both cyclists don’t dope, then each has a 50 percent change of winning the race. On the other hand, if only one of them dopes, then the one who dopes will win the race for sure. a. Write down the expected payoff matrix for this game, assuming that both Lance and Eddy make their decisions to dope simultaneously. b. Are any strategies dominated? If so, which? c. What is the Nash equilibrium of this game? d. Is this a prisoner...
View Full Document

This note was uploaded on 02/13/2014 for the course ECON 2 taught by Professor Kim during the Winter '08 term at UCSD.

Ask a homework question - tutors are online