4th Edition

ISBN: 9781119760061

Author: Burger

Publisher: WILEY

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Chapter 8.5, Problem 31MS

Going stag. Two Englishmen, Neville and Winston, go hunting. Each may choose to hunt a hare or a stag but must make a choice without knowing the other’s decision. A solo hunter will catch a hare easily, but it takes both hunters in cooperation to catch a stag, the more valuable prey. The payoff matrix from Winston’s point of view is given below.

Chapter 8.5, Problem 31MS, Going stag. Two Englishmen, Neville and Winston, go hunting. Each may choose to hunt a hare or a

Find the Nash equilibrium point for this game. Is this point truly optimal for both hunters?

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Chapter 8.5, Problem 29MS

Chapter 8.5, Problem 32MS

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