HW 5/6 Selected Ans:
Q1) Strategies: Pepsi : Accommodate, Tough Coke: [EAA, EAT, ETA, ETT, NAA, NAT, NTA, NTT] Normal Form : Construct an eight by two matrix and fill in the payoffs as follows. 1. 2.
Econ 116A, Fall 2010 Homework # 2 1. Find the Nash equilibria of the following game. Note that NE will depend upon value of a.
2 C 1 C D
2 + 2a, 2 3, 0
D
3a, 3 1+ a, 1
2. Textbook, Exercise 42.1 3. Pr
HW Solutions HW 1 1. Game I a. M strictly dominates T eliminate T. b. R and C strictly dominate L eliminate L. c. B strictly dominates M eliminate M. d. C strictly dominates R eliminate R. Thus the IE
Econ 116A, Fall 2010 Homework # 1 1. IEDS: Find the outcomes for the following games. Show all the stages and clearly mention the dominated and the dominating strategies. GAME I :
L
T -1, 1 M 4, -2 B
Econ 116A, Fall 2010 Homework # 3
1. Exercise 31.2 2. Exercise 27.2 3. Practice Questions (Do not submit): Exercises 5.3, 6.1, 60.2. Verify your answers on the text website.
Game Theory, Econ 116A
Midterm Exam, Fall 2010
Instructions: You must keep your notes and books closed. Switch off your cell phones, laptops and any other electronic device that you may be carrying. T
Econ 116A, Fall 2010 Homework # 8 1. Exercise 173.4 2. (a) Find all the subgames of the game in Exercise 156.2c. (b) Find the subgame perfect equilibria of the game. 3. Practice question: Exercise 210
Econ 116A, Fall 2010 Homework # 9 1. Consider the following extensive form game. Player 1 chooses between actions L and R. If L, then player 2 observes that and chooses between X and Y. If R, then the
Econ 116A, Fall 2010 Homework # 7 1. (Centipede Game) Consider a two player game in which the players move alternately. On each move a player can either stop the game (S) or continue (C). A three stag
Econ 116A, Fall 2010 Homework # 5/6
1. Consider the three stage entry game number two (between coke and pepsi) discussed in class. a. Draw the game tree and write down the strategies of the two player