Posted: June 8th, 2015
game theory
Instructions:
From your own experience, construct a game theory example of a coordination game, the prisoners’ dilemma, or a commitment problem in a sequential game. Provide a description of the game, and a representation (a game matrix or tree) with the payoffs and Nash equilibrium indicated. Obviously, the numbers will be to some extent made up, but they should be a description of something from your own experience.
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