Exam 12: Choices Involving Strategy

-Refer to Figures b and c.Given the rules of the game described in problem 17,what is Alice's best response?

-Refer to Figure d.The payoff matrix below illustrates a game played by Travis and Darren.Travis has two choices,north and south,while Darren's choices are east and west.Travis's payoffs are shown in the lower right-hand corner of each cell and Darren's are in the upper left-hand corner.For Darren,east is

Dean and Kennedy are playing a single stage game.Each simultaneously chooses either 1 or 2.If they both select 1,Dean pays Kennedy $2.If they both pick 2,Dean pays Kennedy $4.If they select different numbers,Kennedy pays Dean $3.Draw a table showing the two players' strategies and payoffs.Are any strategies dominant? Weakly dominant? Dominated? Solve for a mixed strategy equilibrium.

-Refer to Figure a.What is the Nash equilibrium in problem 9?

-Refer to Figures b and c.Given the rules of the game described in problem 17,what is Alice's dominant strategy?

-Refer to Figure e.If Brandon watches the Red Sox,what is Allie's best response?

-Refer to Figure a.Given the game described in problem 9,what is Charlie's dominant strategy?

Cooperation in an infinite game

A player is playing a mixed strategy when

-Refer to Figure d.In the game described in problem 21,Travis's dominant strategy is

-Refer to Figure c.What is the Nash equilibrium in problem 17?

Which of the following is a game of perfect information?