Convex combination of superadditive games is superadditive

Assignment Help Game Theory
Reference no: EM131333127

Prove that the convex combination of superadditive games is also superadditive.

In other words, if (N; v) and (N; w) are superadditive games, and if 0 ≤ λ ≤ 1, then the game (N , λv + (1 - λ)w) defined by

(λv + (1 - λ)ω) (S) := λv(S) + (1 - λ) ω(s)

is also superadditive.

Reference no: EM131333127

Questions Cloud

Magnitude of the gravitational acceleration : At what height (expressed in terms of R) is the magnitude of the gravitational acceleration 85% less than g0
Explain how each relates to supply chain management : Describe the two technologies you selected and explain how each relates to supply chain management. Provide at least one example of an actual organization that uses each of the two technologies you selected
Maximum efficiency that a heat engine : What is the maximum efficiency that a heat engine could have when operating between the normal boiling and freezing temperatures of water?
How does cash flow affect the evaluation of an investment : How does cash flow affect the evaluation of an investment? If an initial investment will be $100,000, which is better, a one-time return of $120,000 received in one year after the investment is made.
Convex combination of superadditive games is superadditive : if (N; v) and (N; w) are superadditive games, and if 0 ≤ λ ≤ 1, then the game (N , λv + (1 - λ)w) defined by (λv + (1 - λ)ω) (S) := λv(S) + (1 - λ) ω(s) is also superadditive.
Macroscopic thermal neutron absorption cross section : Calculate the macroscopic thermal neutron absorption cross section for natural uranium. (ignore the trace amounts of234U; the a/o of235U in natural uranium is .72, and the a/o of the238U is .9928)
Pulled to the right magnetic field drops to zero : A metallic ring with the area of 10^-4m^2 is pierced with a magnetic field of 1 Tesla perpendicular to the area. During the time of t=10^-4 seconds the ring is pulled to the right magnetic field drops to zero. You can assume that during this time ..
What is your prediction for the project : You have a manager who informs you that the year long project (linear spend plan) they are executing currently (use today's date) has spent half their budget of $500K, and they show a CPI of 1.16 and an SPI of 0.82. What is your prediction for the..
Complete the income statement in multiple-step format : Complete the Income Statement in multiple-step format. Complete the Balance Sheet using classified format. Remember, Mirabelle's capital account balance will have changed from the worksheet balance to include net income and subtract the drawing bal..

Reviews

Write a Review

Game Theory Questions & Answers

  Use the best-response approach to find all nash equilibria

Player 1 has the following set of strategies {A1;A2;A3;A4}; player 2’s set of strategies are {B1;B2;B3;B4}. Use the best-response approach to find all Nash equilibria.

  A supplier and a buyer, who are both risk neutral

A supplier and a buyer, who are both risk neutral, play the following game,  The buyer’s payoff is q^'-s^', and the supplier’s payoff is s^'-C(q^'), where C() is a strictly convex cost function with C(0)=C’(0)=0. These payoffs are commonly known.

  Pertaining to the matrix game theory problem

Pertaining to the matrix need simple and short answers, Find  (a) the strategies of the firm (b) where will the firm end up in the matrix equilibrium (c) whether the firm face the prisoner’s dilemma.

  Nash equilibria

Consider the two-period repeated game in which this stage game is played twice and the repeated-game payo s are simply the sum of the payo s in each of the two periods.

  Find the nash equilibrium

Two players, Ben and Diana, can choose strategy X or Y. If both Ben and Diana choose strategy X, every earns a payoff of $1000.

  Construct the payoff matrix for the game

The market for olive oil in new York City is controlled by 2-families, Sopranos and Contraltos. Both families will ruthlessly eliminate any other family that attempts to enter New York City olive oil market.

  Question about nash equilibrium

Following is a payoff matrix for Intel and AMD. In each cell, 1st number refers to AMD's profit, while second is Intel's.

  Finding the nash equilibrium

Determine the solution to the given advertising decision game between Coke and Pepsi, assuming the companies act independently.

  Nash equilibria to determine the best strategy

Little Kona is a small coffee corporation that is planning entering a market dominated through Big Brew. Each corporation's profit depends on whether Little Kona enters and whether Big Brew sets a high price or a low price.

  Creating a payoff table

Suppose you and your classmate are assigned a project on which you will earn one combined grade. You each wish to receive a good grade, but you also want to avoid hard work.

  Determine the nash equilibrium for trade policy

Consider trade relations in the United State and Mexico. Suppose that leaders of two countries believe the payoffs to alternative trade policies are as follows:

  Find the nash equilibrium outcomes

Use the given payoff matrix for a simultaneous move one shot game to answer the accompanying questions.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd