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S7. Chp.3. A slave has just been thrown to the lions in the Roman Colosseum. There lions are chained down in a line, with Lion
S7. Chp.3. A slave has just been thrown to the lions in the Roman Colosseum. There lions are chained down in a line, with Lion closes to the slave. Each lion's chain is short enough that he can only reach the two players immediately adjacent to him. The game proceeds as follows. First, Lion 1 decides whether or not to eat the slave. If Lion 1 has eaten the slave, then Lion 2 decides whether or not to eat Lion 2 (who is then too heavy to defend himself). If Lion 1 has not eaten the slave, then Lion 2 has no choice: he cannot try to eat Lion 1, because a ght would kill both lions. Similarly, if Lion 2 has eaten Lion 1, then Lion 3 decides whether or not to eat Lion 2. Each Lions preferences are fairly neutral: best (4) is to eat and stay alive, next best (3) is to stay alive but go hungry, next (2) is to eat and be eaten, and worst (1) to go hungry and be eaten. a) Draw the game tree, with payoffs, for this three player game. b) What is the rollback (backward induction) equilibrium to this game? Make sure to describe the strategies, not just the payoffs c} Is there a stmover advantage to this game? Explain why or why not d) How many complete strategies does each Lion have? List them
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