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Game Theory Assignment For all of these games, P1 chooses between the columns, and P2 chooses between the rows.

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Presentation on theme: "Game Theory Assignment For all of these games, P1 chooses between the columns, and P2 chooses between the rows."— Presentation transcript:

1 Game Theory Assignment For all of these games, P1 chooses between the columns, and P2 chooses between the rows.

2 Find all the dominant strategies For each game, find as many dominant strategies (for both players) as you can. P1: 10, P2: 10P1: -10, P2: -10 P1: 10, P2: 10 Action 1Action 2 Action 1 Action 2 6, 09, 2 -3, 2-5, 9 Action 1Action 2 P1: 10, P2: -10P1: -10, P2: 10 P1: 10, P2: -10P1: -10, P2: 10 1, 3-1, 9 8, -15, 4 Action 1 Action 2 Action 1 Action 2 Action 1 Action 2 Action 1Action 2 Action 1Action 2

3 Zero-sum, constant-sum, or general-sum? For each game, determine whether it is zero- sum, constant-sum, or general-sum. 2, -2-11, 11 -4, 49, -9 Action 1Action 2 Action 1 Action 2 6, 09, 2 -3, 9-5, 16 Action 1Action 2 2, 46, 0 1, 53, 3 Action 1 Action 2 Action 1 Action 2 Action 1Action 2

4 Pareto optima? For each game, find all outcomes that are pareto optimal. 2, -2-11, 11 -4, 49, -9 Action 1Action 2 Action 1 Action 2 1, 10, 1 1, 00, 0 Action 1Action 2 0, 11, 2 1, 32, 2 Action 1 Action 2 Action 1 Action 2 Action 1Action 2 1, 3-1, 9 8, -15, 4 Action 1 Action 2 Action 1Action 2

5 Pure Strategy Nash equilibria? For each game, find all pure-strategy Nash equilibria. (Note that a strategy is still a “best response” if the other option is tied in terms of payoff for the player.) 2, -2-11, 11 -4, 49, -9 Action 1Action 2 Action 1 Action 2 1, 10, 1 1, 00, 0 Action 1Action 2 0, 11, 2 1, 32, 2 Action 1 Action 2 Action 1 Action 2 Action 1Action 2 1, 3-1, 9 8, -15, 4 Action 1 Action 2 Action 1Action 2

6 Mixed Strategy Nash equilibria? Find a mixed strategy Nash equilibrium that is not also a pure strategy Nash equilibrium. 5, -5-1, 1 -5, 59, -9 Action 1Action 2 Action 1 Action 2


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