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A few brief answer questions about Game Theory concepts What: is Common Knowledge? Why game theory assumes players being rational as common knowledge? a n

A few brief answer questions about Game Theory concepts

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What: is Common Knowledge? Why game theory assumes players being rational as common knowledge? a n Please give a. brief description of what is coordination game and anticoordination game= and give corresponding examples to illustrate:J n Illustrate the (inferences and connections between strictly dominant strategy equilibrium, iteratedelimination equilibrium and Nash equilibrium:J n what: are the differences and connections between the requirements of rationalizatiorl and the requirements of Nash equilibrium '? J .4 [Ilustrate the two ways to define Nash equilibrium. Why is Nash equilibrium a static equilibrium?"J

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