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HOMEWORK 06: GAME THEORY ASSIGNMENT 1 Question 1. Fill in the payoff matrix below for the game Rock-Paper-Scissors (use the convention that the possible individual

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HOMEWORK 06: GAME THEORY ASSIGNMENT 1 Question 1. Fill in the payoff matrix below for the game Rock-Paper-Scissors (use the convention that the possible individual payoffs are -1, 0, and 1, corresponding to loose, draw, and win). Player 2 Rock Paper Scissors Player 1 Rock Paper Scissors Question 2. Consider the following game: Player 2 X Y Z A 4 , 5 -10, 8 3, 10 Player 1 B 9 , 2 1, - 4 -5 , - 2 C 17, 0 3, 9 0, 1 Q2)a) List all fo Player 1's (pure) strategies: ....... Q2)b) List all fo Player 2's (pure) strategies: . . . . ............ Q2)c) What is the payoff for Player 1 of the outcome (B, X)? Q2)d) What is the payoff for Player 2 of the outcome (B, X)? Q2)e) What outcome is best for Player 1? Q2)e) What outcome is best for Player 2

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