Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Tutorial Questions Week 6
Simon Grant, ECON2141.
22 26 August, 2016.
1. Suppose there is an old lady looking for help to cross the street. Only one person is
needed to help her; more are OK but no better than one. You and your friend are the
two people i
Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Tutorial Questions Week 5
Simon Grant, ECON2141.
1519 August, 2016.
1. Consider a more general Cournot model than the one presented in lectures. Suppose
there are n rms. The rms simultaneously and independently select quantities to bring
to the market. F
Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Tutorial Questions Week 2
Simon Grant, ECON2141.
15 August, 2016.
1. If a player has a dominant strategy in a simultaneousmove game, then she is sure
to get her best possible outcome? True of false? Explain and give an example of a
game that illustrates
Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Tutorial Questions Week 7
Simon Grant, ECON2141.
29 August  2 September, 2016.
1. Two individuals (randomly paired from a population) have developed an innovation.
In each period, t = 1; 2; 3 they can either wait and earn revenue of 1 or sellout their
p
Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Tutorial Questions Week 4
Simon Grant, ECON2141.
812 August, 2016.
1. Consider a twoplayer game in which the strategy sets are S1 = [0; 8] and S2 = [0; 8].
That is, each player can choose any real number between 0 and 8. Suppose that the
best response f
Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Tutorial Questions Week 10
Simon Grant, ECON2141.
3  7 October, 2016.
1. There are two people Hilary and Donald. Between them is a table which contains 48
onedollar coins and a single twodollar coin. They alternate moves, with Hilary going
rst and choo
Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Tutorial Questions Week 3
Simon Grant, ECON2141.
15 August, 2016.
1. Penalty Shots. Consider the following penalty shot game in which player 1 is the
shooter who can shoot Left, Middle or Right, and player 2 is the goalkeeper who has
the option of divin
Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Tutorial Questions Week 9
Simon Grant, ECON2141.
26  30 September 2016.
Consider the following game of DUEL.
There are two duellists each equipped with a loaded weapon (a wet sponge).
The two begin a certain number of paces apart (the exact number will d
Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Tutorial Questions Week 11
Simon Grant, ECON2141.
10  14 October, 2016.
1. Monica and Nancy are working together on a joint project. If Monica puts in eort
m and Nancy puts in eort n then the joint prots of the project are 4m + 4n + mn.
As equal partners
Strategic Thinking: An Introduction to Game Theory (P)
ECON 2141

Spring 2014
Problem Set 1
Simon Grant, ECON2141
Four Questions due 4:00pm Monday, 1 August, 2016.
Students should deposit their answers in the appropriately labelled submission box
which is located to the left on the inquiries desk on Level 1 of the HW Arndt Building