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examples of paragraph or two identifying a situation in your environment that fits the description of a static Bayesian game . In your description: Identify

examples of paragraph or two identifying a situation in your environment that fits the description of a static Bayesian game. In your description:

  1. Identify and describe players, states, types, signals, actions, beliefs, and payoffs.
  2. Describe how players interacted in the situation.
  3. In your opinion, were players rational, i.e., did they make choices that can be consistent with the predictions of the Nash equilibrium in your game? Explain as clearly as possible.
  4. In your opinion, how would players act if the game was not static Bayesian? Elaborate as clearly as possible.

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