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Think of a situation that illustrates eithera Multi-stage game or a Repeated game from real life. It could be your own experience, a friend's story,
Think of a situation that illustrates eithera Multi-stage game or a Repeated game from real life. It could be your own experience, a friend's story, a movie, or a piece of news. - Describe the example and model it as a game, i.e., specify the set of players, strategies and payoffs. (20 points) - What are the carrot and the stick in your example? (20 points) - In your example, do you think player could play non-equilibrium behavior in the early stagelrounds? (20 points)
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