Question
Ten players in a game. The players work in the same office. And would like to buy a new printer for the office. The printer
Ten players in a game. The players work in the same office. And would like to buy a new printer for the office.
The printer costs $2. Each player can choose to contribute $0,$1, or $2 toward purchasing the printer. The players must all choose simultaneously (i.e., all at the same time). Each player obtains a payoff of 3 if the printer is purchased and pays a cost equal to the amount of his/her own contribution (i.e., if I contribute $ 1 and the printer is purchased, my payoff is 3-1=2. If I contribute $1 and the tree is not purchased, my payoff is -1). What are the NE of the game? Show a diagram in game theory matrix box format
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