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imagine that a zealous prosecutor p has accused a defendant d of committing a crime suppose that the trial involves
consider a game that has a continuum of players in particular the players are uniformly distributed on the interval 0 1
suppose that the speed limit is 70 miles per hour on the freeway and that n drivers simultaneously and independently
suppose n students are on a committee to decide the fraction of student fees to spend on student activities the minimum
suppose you know the following about a particular two-player game s1nbsp a b c s2nbsp x y z u1a x 6 u1a y 0 and u1a z
consider another version of the lobbying game introduced in this chapter suppose the payoffs are the same as presented
this exercise explores how in a mixed-strategy equilibrium players must put positive probability only on best responses
consider the following social problem5 a pedestrian is hit by a car and lies injured on the road there are n people in
prove that every 2 times 2 game has a nash equilibrium in either pure or mixed strategies do this by considering the
consider a game with n players simultaneously and independently the players choose between x and y that is the strategy
consider the following three-player team production problem simultaneously and independently each player chooses
player 1 the hider and player 2 the seeker play the following game there are four boxes with lids arranged in a
consider a game between a police officer player 3 and two drivers players 1 and 2 player 1 lives and drives in the
consider a contractual setting in which the technology of the relationship is given by the following underlying
consider a contractual setting in which the technology of the relationship is given by the following partnership
consider a setting of complete contracting in a discretionary environment where the court will impose transfers as
suppose a manager player 1 and a worker player 2 have a contractual relationship with the following technology of
suppose that shtinki corporation operates a chemical plant which is located on the hudson river downstream from the
discuss a real-world example of a contractual situation with limited verifiability how do the parties deal with this
draw the extensive form of the following game a version of the cournot duopoly game two firms compete in a homogeneous
consider the ultimatum-offer bargaining game described in this chapter and recall the cutoff-rule strategy for player
consider a variant of the game described in exercise 4 suppose that the firms move sequentially rather than
compute the nash equilibria and subgame perfect equilibria for the following gamesdo so by writing the normal-form
consider the following gamea solve the game by backward induction and report the strategy profile that resultsb how
calculate and report the subgame perfect nash equilibrium of the gameexercise consider the ultimatum-offer bargaining