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xfair ( torrent)= ax + xmin Calculate the fair payoff to the fan if he plays torrent, 2 Calculate what the fan believes is the

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xfair ( torrent)= ax + xmin Calculate the fair payoff to the fan if he plays torrent, 2 Calculate what the fan believes is the fair payoff to Louis CK if he plays website, fair e. Calculate how kind the fan perceives Louis CK to be for each possible outcome. The fan's perceived kindness function ^If for a given strategy pair is simply the payoff of the fan minus the fair payoff for playing that strategy all divided by the difference betwee een the m imum and minimum payoffs for the fan from playing his strategy. kufliTunes , torrent)= fliTunes , torrent ) - xfair fair ( torrent ) "(torrent )-xmin xmin ( torrent ) kyr(iTunes, pay ): _Xf (iTunes , pay ) - xfair ( pay ) niak (pay ) - X'?him (pay) kuf( website, torrent)= Xf (website , torrent )-x19 xfair (torrent max (torrent )- x?( min ( torrent) kuf( website, pay)= Xf website , pay ) - xfair xfair ( pay ) Xflux (pay ) -xmin xmin ( pay ) f. Let the fan's utility be =X, +40 . ka Kif . Assuming that Louis CK has a similar utility formulation, rewrite the payoffs in the game tree and solve for the fairness equilibrium

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