Question
This is regarding game theory. In a stag hunt game given: s r s 9,9 0,8 r 8,0 7,7 we are asked to identify all
This is regarding game theory. In a stag hunt game given:
s r
s 9,9 0,8
r 8,0 7,7
we are asked to identify all Nash equilibria. I identified the pure-strategy Nash equilibria (s,s), and (r,r).
Which of these equilibria is most likely to be played and why?
Our class covered discussions regarding the refinements of Nash equilibrium such as pareto optimal solution, payoff dominant, risk dominant and price of anarchy. We also covered mixed nash equilibrium.
But i still don't know which between (s,s) and (r,r) is most likely to be played and why? can you help me with that? Thank you.
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