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(2) The Stag-Hunt Game A group of 10 hunters are hunting, where the games include a stag and several hares. Each hunter can choose whether
(2) The Stag-Hunt Game A group of 10 hunters are hunting, where the games include a stag and several hares. Each hunter can choose whether to hunt the stag or go after a hare. It takes the joint effort of all 71 players to catch the stag, but each hunter on their own is able to catch one hare. Suppose that a stag is worth $100 and a hare is worth $9. When answering the following questions, assume that players' payoffs are given by their nancial gains. (a) Suppose that if all players hunt the stag, they will catch the stag and split the gain evenly amongst themselves. Formulate this situation as a strategic game and nd the Nash equilibria. TABLE 1. Vote Trading C Legislator 1 1 Legislator 2 1 Legislator 3 2 (b) Now suppose that if all players hunt the stag, they can catch the stag and then allocate the $100 anyway they like amongst themselves. Formulate this situation as a coalitional game and nd the core of the game
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