Question
1. How does Chicken-and-Stag Hunt game differ from the Prisoner's Dilemma? Is there any substantial relationship between the stag hunt and the prisoner's dilemma?
1. How does Chicken-and-Stag Hunt game differ from the Prisoner's Dilemma? Is there any substantial relationship between the stag hunt and the prisoner's dilemma? Discuss your answer. (5 marks) 2. Give ONE example of an application of the Chicken-and-Stag Hunt game. Clearly describe the provided example. (4 marks) 3. Give ONE example of an application of the battle of the sexes game. Clearly describe the provided example. (4 marks) 4. Give ONE example of an application of the battle of rock-paper-scissors game. Clearly describe the provided example. (4 marks) 5. From the social perspective, discuss the differences in situation of these three games, Chicken-and-Stag, battle of the sexes and rock-paper-scissors game. (4 marks)
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