Introduction to Game Theory with Economic applications
ECON 210

Fall 2011
Econ 210 Problem Set #3 Oligopoly
1. Consider the following game:
M um
F ink
M um
2; 2
0; 5
F ink
5; 0
4; 4
(a) What are all of the strategies for Player 1?
(b) If Player 2 chooses M um what is Player 1 best response? Circle
s
the payo associated with it.
Introduction to Game Theory with Economic applications
ECON 210

Fall 2011
Soiu if?!
Econ 210 Midterm Examination 1
Instructions: Neatly write your name on the top right hand side of the
exam. There are 3 sections: denitions, multiple choice, and problems. You
will have 75 minutes to complete as many questions as possible.
Introduction to Game Theory with Economic applications
ECON 210

Fall 2011
Econ 210 Problem Set #4 Mixed Strategy Nash
Equilibrium
1. Consider the following game:
Left
Right
Up
1; 2 2; 1
Down 2; 1
1; 2
(a) Let p be the probability that the row player plays up,and q be
the probability the column player plays left. Plot each playe