Strategic Behavior
Summer II, 2011.
Solution to Problem Set 1.
Problem 1.2:
For player 1 (the row player), T dominates B.
After eliminating B, in the reduced 2 3 matrix, we see that for player 2
(colu
Strategic Behavior
Summer II, 2011.
ECO-5341.
Solution to Exam IV
.
1. (a)
First, consider a pooling equilibrium where both types of the sender choose R. In such an
equilibrium, the receiver must assi
Strategic Behavior
Summer II, 2011.
ECO-5341.
Solution to Exam III
.
1. Consider the following normal form game with two players:
L
R
T 1, 1 10, 0
B 0, 10 8, 8
Players discount future payos using a co
ECO 5341: Strategic Behavior
Problem Set 5: Solutions
1
Signaling in Labor Markets
Consider an economy with 2 types of worker: Type I with marginal productivity of 1 and type II
with marginal producti
Name:.
ECO 5341
Spring 2016
Homework 4 Solutions
Total Points: 100
This homework assignment will only be accepted if the answers are provided on the space
following each question. Treat this assignmen
Name:.
ECO 5341 (Section 1)
Spring 2016
Homework 5
Due April 12th Tuesday
Total Points: 100
This homework assignment will only be accepted if the answers are provided on the
space following each quest
Infinitely Repeated Prisoners Dilemma Steps
Step 1: Identify Variable Values
Find cooperation value (C,C): Co (ex: 4)
Find Deviation value (D,C): Dev (ex: 6)
Find Defection value (D,D): Def (ex for 2a
Name:.
ECO 5341
Spring 2016
Homework 6 Solutions
Due April 26th Tuesday
Total Points: 100
This homework assignment will only be accepted if the answers are provided on the
space following each questio
Name:.
ECO 5341
Spring 2016
Homework 1
Solutions
Total Points: 100
This homework assignment will only be accepted if the answers are provided on the
space following each question. Treat this assignmen
Strategic Behavior
Summer II, 2011
Solution to Problem Set 2.
Problem 1.11
No player plays a strictly dominated strategy with positive probability.
Strategies T and M for player 1 and L and R for play
Name:.
ECO 5341 (Section 1)
Spring 2016
Homework 2
Due February 9th Tuesday
Total Points: 100
This homework assignment will only be accepted if the answers are provided on the
space following each que
Name:.
ECO 5341 (Section 1)
Spring 2016
Homework 3
Due February 23rd Tuesday
Total Points: 100
This homework assignment will only be accepted if the answers are provided on the
space following each qu
Name:.
ECO 5341 (Section 1) Spring 2016
Midterm
March 22nd Tuesday Total Points: 100
For full credit, please be formal, precise and tidy. If your answer is illegible and not well
organized and/or if y
Name:.
ECO 5341 (Section 1)
Spring 2016
Homework 2
Due February 9th Tuesday
Total Points: 100
This homework assignment will only be accepted if the answers are provided on the
space following each que
ECO 5341 Strategic Behavior
SMU, Fall 2016
Instructor: Bo Chen
Homework Assignment 3
Due in class on 09/28/2016
Instructions. This assignment will be due on Wednesday, September 28, 2016 at the beginn
Strategic Behavior
Summer II, 2011.
Solution to Problem Set 4.
1. Consider the following symmetric static Cournot duopoly game of two-sided incomplete formation. Two rms sell in a homogenous good mark
Strategic Behavior
Summer II, 2011.
Solution to Problem Set 3.
Exercise 2.11.
Yes. Note that the one shot game has two Nash equilibria (in pure strategies): (T,L) and (M,C).
Consider the following his
Strategic Behavior
Summer II, 2011.
ECO-5341.
Solution to Exam II
.
1. Consider the following normal form game with two players where players are allowed
to play mixed strategies:
1 , 2
L C
R
T 4, 2
Strategic Behavior
Summer II, 2011.
ECO-5341.
Solution to Exam 1.
1. Consider the following normal form game with two players:
1 , 2
L
C
R
T 3, 3 7, 2 1, 2
M 2, 7 6, 6 1, 1
B 2, 1 1, 1 0, 0
(a) What
ECO 5341 Strategic Behavior Lecture Notes 1
Bo Chen
Southern Methodist University
Fall 2016
(Southern Methodist University)
Introduction to Game Theory
Fall 2016
1 / 18
What is game theory?
Robert J.
ECO 5341 Strategic Behavior Lecture Notes 2
Bo Chen
SMU
Fall 2016
(SMU)
Static Games with Complete Information I
Fall 2016
1 / 36
Terminology and Assumptions
1
Terminology (informal)
Strategies
Choice
ECO 5341 Strategic Behavior
SMU, Fall 2016
Instructor: Bo Chen
Homework Assignment 2
Due in class on 09/21/2016
Instructions. This assignment will be due on Wednesday, September 21, 2016 at the beginn
ECO 5341
Strategic Behavior: Game Theory and Applications to Economics
Department of Economics
Southern Methodist University
Fall 2016
Instructor
Bo Chen
Email: [email protected]
Tel: 214-768-2715
O ce:
ECO5341
Day 1-Intro and Overview
Game Forms
Simultaneous Actions both players play at the same time
vs. Sequential Actions-players take turns
Information Form
Complete Information players know each ot