Which of the statements below is TRUE for the following two-player, extensive form game with imperfect information where player 1 has two types and player 2 cannot observe the action of the Nature but observes the actions of oplayer 1: 1,1 3,2 U U L 1 R 0.7 W 3,0 2,3 Nature 1,2 3,2 0.3 S L 1 R D 1,1 0,1 A. There exists a separating Perfect Bayesian Equilibrium in which Player 1 of W-type chooses L B. There exists a separating Perfect Bayesian Equilibrium in which Player 1 of S-type chooses L C. There is no separating Perfect Bayesian Equilibrium D. There exists a separating Perfect Bayesian Equilibrium in which Player 1 of W.type chooses R D U 2 D U

Which of the statements below is TRUE for the following two-player, extensive form game with imperfect information where player 1 has two types and player 2 cannot observe the action of the Nature but observes the actions of oplayer 1: 1,1 3,2 U U L 1 R 0.7 W 3,0 2,3 Nature 1,2 3,2 0.3 S L 1 R D 1,1 0,1 A. There exists a separating Perfect Bayesian Equilibrium in which Player 1 of W-type chooses L B. There exists a separating Perfect Bayesian Equilibrium in which Player 1 of S-type chooses L C. There is no separating Perfect Bayesian Equilibrium D. There exists a separating Perfect Bayesian Equilibrium in which Player 1 of W.type chooses R D U 2 D U

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

(1) HINO (a) (b) (c) F Consider the following signalling game. H w =0, Pr = 1/ ogled MINT Nature 3 w = 1, Pr = 1/ H HINO C 고 F HINO Is this a cheap-talk game? Why or why not? Show that the following is a pooling perfect Bayes-Nash equilibrium: C plays H irrespective of the value of w; and F plays I with probability irrespective of C's action. What posteriors are needed for this to be a perfect Bayes-Nash equilibrium? Find a separating perfect Bayes-Nash equilibrium.
In this game, which of the following claim is wrong: X с D с D 2 3 Veuillez choisir une réponse. a. 2 0 0 1 3 1 This game is similar to the prisoner dilemma. b. Players do not always play the same best response. C. A the Nash equilibrium, the gains for each player is smaller than for other outcomes. d. D is a dominant strategy for player 1.
am. 112.
Consider the game given. The top number is player 1’s payoff and the bottom number is player 2’s payoff.a. Find the SPNE.b. Find a Nash equilibrium that is not an SPNE.
I need answer of part b c and d
2
2. Consider the following two-player game with two players: Adam and Eve. Adam A1 A2 A3 A4 E1 6,3 5, 3 5, 0 2,0 E2 4,4 5, 4 3, 2 2, 3 Eve E3 4, 1 0,2 6, 1 3, 4 E4 3,0 5, 1 4,0 6₂ 1 a. Find the Iterated Elimination of Dominant Strategies Equilibrium for this game. Explain.
Consider the following game. Player 1 has three actions: A, B, C. Player 2 has three actions: a, b.c. Payoffs are as follows: a b A 5,3 8,5 1,2 2,6 6,7 4,5 C 4,4 0,2 9,3 Which of the following aciton profile survives the iterated elimination of strongly dominated actions? A. (A,a) O B. (B, c) O C. (A, b)
on Mary, UE, BD UF, AC DF, BC UF, BD DE, AC DE, BC Nancy U D Nancy -5,4 Mary -0,2 -6,2 -2.6 Which of the following answers is a subgame perfect Nash equilibrium in this game? Check all that apply. (Answers below are formatted as Mary's strategy, Nancy's strategy.)
1. Assume this game is played 2 times and there is no discounting. The whole payoff for two periods is the sum of payoffs of each period. Draw a tree of the game and solve it with subgame prefect Nash equilibrium. Explain clearly, handwritten is preferable.
Game Theory de Drew Fudenberg, Jean Tirole. Exercise 2.6**
Suppose that you are a manager. You are considering whether or not to monitor employees with the payoffs in the normal-form accompanying game. Worker Work Shirk Manager Monitor -1,1 1,-1 Don't Monitor 1,-1 -1,1 Which of the following pairs of strategies constitutes a Nash equilibrium? Multiple Choice Manager monitors and worker shirks. Manager does not monitor and worker works. Manager monitors and worker works. O None of the answers is correct.