ECON 4750: Intro to Game
Theory Summer 2012, Omer F.
Baris Practice Questions
Note: In addition to the end-of-chapter exercises in your textbook, try to solve the following
questions. It is very likely that one (or more than one) of them may re-appear in
Econ 4750, Intro Game Theory, Fall 2017
Problem Set 2, Monday Sept 18
Due Wednesday, Sept 25
Purpose of this problem set: get yourself familiar with simultaneous games.
1. Consider the following game as represented by the table below:
COLUMN
ROW
a)
b)
c)
Question 1
Hamburgers and sh
are substitutes as you
eat more of one, you eat
less of another. This
means that they have
positive cross-elasticity.
As the price of one
rises, its quantity
demanded falls, and so
the demand for the o 500 1.100 1,500 2,000 o
TruelFalse: determine whether the question or statement is true or false.
l.
2.
3.
10.
11.
12.
1s.
14.
15.
Net capital outflow in a large country declines as the domestic interest rate rises.
Ricardian equivalence assumes that consumers make consumption
Econ 4750, Intro Game Theory, Fall 2017
Problem Set 1, Wednesday August 30
Due Monday, Sept 11 (hand in your homework to me in class; NO online/email submission)
Purpose of this problem set: get yourself familiar with basic ideas behind individual decisio
Simultaneous Move Games
Simultaneous Move Games
Players make their strategy choices simultaneously (without knowing the strategies chosen by
other players)
Each player knows the strategies available to each player
Players must think in terms of their best
Sequential Games with Perfect and Complete Information
Sequential games with perfect and complete information
Sequential game: players take turns in making their choices
Complete information: payoffs are known to all the players; each player knows her own
Collective-actions Games:
Experiment 1. Suppose we will play 5 rounds of the following game.
In each round, you will make a decision. For each decision, you will be paired randomly with one other player.
In every round you will each have 20 tokens. You mu
Asymmetric Information
Asymmetric information: in some games, some players may have more information about, for example, what
happened in the past, their types, etc. than other players
Two types of asymmetric information: hidden action (moral hazard) and
14.12 Game Theory Midterm I
10/19/2000
Prof. Muhamet Yildiz
Instructions. This is an open book exam; you can use any written material. You have one hour and
20 minutes. Each question is 33 points. Good luck!
1. Consider the following game.
1\2
T
L
M
R
3,2
Economics 4750 - Final Exam
You should do three of the four questions. You have three hours. Good luck.
1. Hunter-Gatherer
Two players must decide whether to be hunters or gathers. If both are hunters, both receive 0; if
both are gatherers both receive 1.
14.12 Game Theory (Fall 2003)-Midterm II
11/12/2003
Prof. Haluk Ergin
Instructions: This is an open book exam, you can use any written material. You have
1 hour and 20 minutes. The weight of each question is indicated next to it. Good luck!
1. Consider an
14.12 Game Theory Final
12/4/2000
Prof. Muhamet Yildiz
Instructions. This is an open book exam; you can use any written material. You have
one hour and 20 minutes. Please answer only three of the following four questions. Each
question is 35 points. Good
ECON 4750: Intro to Game Theory
Summer 2012, Omer F. Baris
Practice Questions
Note: In addition to the end-of-chapter exercises in your textbook, try to solve the following
questions. It is very likely that one (or more than one) of them may re-appear in
ECON 4750: Intro to Game Theory
Instructor:
Email:
Office:
Prof. Yongsheng Xu
[email protected]
Room 457, AYSPS
Fall 2017
It should be noted that this course syllabus provides a general plan for the course and deviations may
be necessary.
Important Dates:
08/2