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Nash Equilibria in Strategic Games

This document contains exercises about strategic interaction and game theory. It includes 3 exercises analyzing different games and finding their Nash equilibria in pure and mixed strategies. The games involve different payoffs for different player strategies.

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saulgdm076
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4 views1 page

Nash Equilibria in Strategic Games

This document contains exercises about strategic interaction and game theory. It includes 3 exercises analyzing different games and finding their Nash equilibria in pure and mixed strategies. The games involve different payoffs for different player strategies.

Uploaded by

saulgdm076
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ECO400: Decisions, Strategy and Information

Exercise sheet II.1


Strategic interaction I

Exercise 1: Consider the following game (‘Chicken’):

L R
T 3, 3 2, 0
=>

B 0, 2
-
1, 1

a) Find all Nash equilibria in pure strategies.

b) Find all Nash equilibria in mixed strategies.

c) Calculate the probability for outcome (B, R).

Exercise 2: Find the mixed-strategy Nash equilibrium of the following normal-form


game:

L R
T 2, 1 0, 2
B 1, 2 3, 0

Exercise 3: Consider the following normal-game form:

L C R
T 2, 0 1, 1 4, 2
M 3, 4 1, 2 2, 3
B 1, 3 0, 2 3, 0

Find all Nash equilibria (in pure and in mixed strategies).

Mohammed Mardan and Justin Valasek NHH

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