Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

typewritten thankyou answer all questions in every question c. (5 pts) You and your friend are playing Among Us. You are the culprit while your

typewritten thankyou answer all questions in every question

image text in transcribedimage text in transcribedimage text in transcribed
c. (5 pts) You and your friend are playing "Among Us". You are the culprit while your friend has an idea. Your strategy is to either stick closely to your friend or to kill her. On the other hand, your friend can either try to run away from you or accuse you of being the killer. What would be the best strategy for the both of you? Is the dominant strategy for each player the same as the Nash equilibrium? Does the game have a Nash Equilibria? Why or why not? Your friend (innocent) Run-away Accuse Stay close 4 5 You 4 (killer) Kill 7b. (5 pts) There are two Samgyup restaurants in the Black Pink area that will be operational soon. Both of them offer the same package, wherein one meal consists of 5 kinds of meat dishes, unlimited rice, unlimited lettuce, and unlimited side dishes. Samgyup-my-love can sell the package at either Php 850 or Php 750. Meanwhile, Captain Ri-gyupsal can sell the same package at either Php 875 or Php 725. Given the pay-off matrix below (projected revenues), at what prices should each restaurant offer their package? Is the dominant strategy for each player the same as the Nash equilibrium? Why or why not? Samgyup-my-love Php 850 Php 750 Php Php Php 875 1.2M 5M Captain Php Php Ri- 1.2M IM gyupsal Php 725 Php Php 1.2M 3M Php SM Php 3MPart 2 (15 pts): Answer the following Games below: a. (5 pts) You and your friends are playing "Patintero". You are the only one remaining in your team and you find yourself stuck in one of the squares where your crush is the one guarding you. You are tempted to just throw your arms into him or avoid him and the win the game. On the other hand, he also likes you, but he also wants his team to win. So, he can either catch you or let you "slip" away. But you both are very competitive, but is winning in patintero more important than winning in love? Identify the dominant strategy and the Nash equilibrium given the pay-off matrix below. Is the dominant strategy for each player the same as the Nash equilibrium? Why or why not? Your crush Try to catch you Let you "slip" (win) away(lose) Slip past (win) 7 4 10 6 You Throw yourself in 5 4 his arms (lose) 9 12

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Local Consumption And Global Environmental Impacts Accounting, Trade-offs And Sustainability

Authors: Kuishuang Feng, Klaus Hubacek, Yang Yu

1st Edition

1317577272, 9781317577270

More Books

Students also viewed these Economics questions

Question

Define self, self-image, and identity.

Answered: 1 week ago

Question

1. To understand how to set goals in a communication process

Answered: 1 week ago