subject
Business, 17.03.2020 23:07 tyree111

Imagine a two player game that proceeds as follows.
A pot of money is created with $6 in it initially. Player 1 (Alice) moves first, then player 2 (Bob), then player 1 again and finally player 2 again. At each player’s turn to move, he or she has two possible actions: grab (G) or share (S). If the player grabs, s/he gets 2/3 of the current pot of money, the other player gets 1/3 of the pot and the game ends. If s/he shares then the size of the current pot is multiplied by 3/2 and the next player gets to move. At the last stage in which Bob moves, if he chooses to share then the pot is still multiplied by 3/2 , and Bob gets 1/3 of the pot and Alice gets 2/3 of the pot. a. Model this as an extensive‐form game and draw the game tree. Is it a game of perfect or imperfect information?b. How many terminal nodes does the game tree have? How many information sets are there? What about the number of subgames?c. Please use backward induction to find the subgame‐perfect Nash equilibrium.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:30
Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls
Answers: 3
question
Business, 22.06.2019 19:20
Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.
Answers: 2
question
Business, 22.06.2019 23:00
Ernesto baca is employed by bigg company. he has a family membership in his company's health insurance program. the annual premium is $5,432. ernesto's employer pays 80% of the total cost. ernesto's contribution is deducted from his paycheck. what is his annual contribution? $1,086.40 $1,125.65 $1,527.98 $1,567.20 save and exit
Answers: 3
question
Business, 23.06.2019 01:20
Which resource management task includes activating local resource requirements, if available? a. track and report b. mobilize c. order and acquire d. reimburse and restock
Answers: 1
You know the right answer?
Imagine a two player game that proceeds as follows.
A pot of money is created with $6 in it i...
Questions
question
History, 17.10.2019 15:30
Questions on the website: 13722359